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Comment for Proposed Rule 75 FR 3281

  • From: Sean Bundock
    Organization(s):

    Comment No: 8834
    Date: 3/22/2010

    Comment Text:

    i0-001
    COMMENT
    CL-08834
    From:
    Sent:
    To:
    Subject:
    Sean Bundock
    Monday, March 22, 2010 7:18 AM
    secretary
    Regulation of Retail Forex
    Sir
    Here are my comments on the Regulation of Retail Forex proposal by the CFTC: reference:
    RIN
    3038-
    AC61.
    Leverage in retail Forex customer accounts would be subject to a lO-to-I limitation.
    This proposal is completely unnecessary and is grossly unfair to small amateur traders like me.
    We can't afford an account ten times bigger and will be forced to stop trading.
    Sean