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Comment for Proposed Rule 75 FR 3281

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  • From: Sean Harris
    Organization(s):

    Comment No: 895
    Date: 1/20/2010

    Comment Text:

    i0-001
    COMMENT
    CL-00895
    From:
    Sent:
    To:
    Subject:
    sean harris
    Wednesday, January 20, 2010 1:10 AM
    secretary
    Regulation of Retail Forex
    RIN 3038-AC61
    Hello. As you may know, there are many retail forex traders such as myself that soley depend on trading
    forex as a means of making a living.. I, along with the majority of the traders I am speaking of, would be
    severily hampered with the 10-1 leverage. I am voicing my disagreement with this because as an
    experienced trader that has made forex trading a means of successful self-employment I find it greatly
    frustrating to further the burden of retail forex trading for those that are skilled and knowleded enough at
    it, especially at a time like this. I hope that you will be deliberative and consider all dissent as well as
    proponent viewpoints carefully. I strongly believe that less than 1:100 leverage will make the lives of
    many others in this regard strenous. Thank you.
    Q.