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Comment for Proposed Rule 75 FR 3281

  • From: Paul Gerber
    Organization(s):

    Comment No: 1008
    Date: 1/20/2010

    Comment Text:

    i0-001
    COMMENT
    CL-01008
    From:
    Sent:
    To:
    Subject:
    gerberp 16@webmail. co.za
    Wednesday, January 20, 2010 3:10 PM
    secretary
    Regulation of forex retail
    RIN 3038-AC61
    Good day.
    I'm a forex trader from South Africa. The current leverage of 100:1 is
    working perfectly for me as I only have 3800 dollars in my trading acc.
    If the 10:1 leverage is implemented I will have to stop trading and go
    look for work.
    Please reconsider as this would be a major blow to the trading community
    in South Africa.
    Paul Gerber
    South Africa's premier free email service - www.webmail.co.za
    For super low premiums, click here http://home.webmail.co.za/dd.pwm