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Comment for Proposed Rule 75 FR 3281

  • From: Bob Ancha
    Organization(s):

    Comment No: 1180
    Date: 1/20/2010

    Comment Text:

    i0-001
    COMMENT
    CL-01180
    From:
    Sent:
    To:
    Subject:
    Bob Ancha
    Wednesday, January 20, 2010 9:28 PM
    secretary
    Forex leverage
    Forex leverage has already been reduced from 300 to 1 down to 100 to 1.
    Do NOT reduce it to 10 to 1.
    If you do that, you will put US forex brokers out of business.
    More unemployed Americans.
    Forex traders will move their business offshore, where 300 to 1 leverage is still available
    Sincerely, Bob Ancha