Comment for Proposed Rule 75 FR 3281
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From:
Logan
Organization(s):
Comment No:
867
Date:
1/19/2010
Comment Text:
i0-001
COMMENT
CL-00867
From:
Sent:
To:
Subject:
Logan
Tuesday, January 19, 2010 10:52 PM
secretary
'Regulation of Retail Forex' in the subject line of your message and the
identification number
RIN 3038-AC61
As a U.S. currency trader for 5 years I completely disagree with 10 to 1 leverage, it would be
impossible to make profitable trades. 10 to 1 leverage would cause myself and other clients to move
their money to an offshore account. You're only hurting the U.S. market for retail forex and not
solving anything. I hope you think long and hard about the consequences of such action.
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