Comment for Proposed Rule 75 FR 3281
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From:
Rick Speer
Organization(s):
Comment No:
8649
Date:
3/19/2010
Comment Text:
i0-001
COMMENT
CL-08649
From:
Sent:
To:
Subject:
Rick Speer
Friday, March 19, 2010 11:06 PM
secretary
Regulation of Retail Forex
I am writing to voice my concern against the proposed rules call for restricting leverage to 10-to-1. As
an individual part time trader of currencies through a mini-forex account I believe this is a outrageous
reduction in leverage. Every trading platform I have investigated as well as the companies offering said
products clearly state the risks involved with trading currencies. I really hope for myself and other
traders that such restrictions will not be implemented. Thank you for taking the time to read over my
thoughts on the situation.
-Rick Speer
