Font Size: AAA // Print // Bookmark

Comment for Proposed Rule 75 FR 3281

  • From: Myron Williams
    Organization(s):

    Comment No: 8844
    Date: 3/22/2010

    Comment Text:

    i0-001
    COMMENT
    CL-08844
    From:
    Sent:
    To:
    Subject:
    Myron Williams
    Monday, March 22, 2010 9:49 AM
    secretary
    [email protected]
    Regulation of Retail Forex
    RIN 3038-AC61
    From: Myron Williams in Tallahassee, Florida
    I'm a trader and I also work every day. I use my forex trading account to supplement my income. The rules of
    changing the leverage will hurt working class investors like me. It will make more risky to be involved. At 100 to 1
    leverage I can make more trades per week. At 10 to 1 leverage it is very limiting. This move will force most people
    offshore which will cause many more loses and fraud to the U.S. traders. Thanks.
    This mail was sent via IB Coalition http://ibcoalition.orQ/take-action/