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Comment for Proposed Rule 75 FR 3281

  • From: Abbas Hamidi
    Organization(s):

    Comment No: 1276
    Date: 1/20/2010

    Comment Text:

    i0-001
    COMMENT
    CL-01276
    From:
    Sent:
    To:
    Subject:
    Abbas Hamidi
    Wednesday, January 20, 2010 10:11 PM
    secretary < secretary@ C FTC. g ov >
    Regulation of Retail Forex
    Re: Identification # RIN 3038-AC61
    Dear Sir,
    This is in regards to proposed regulation on retail Forex customer accounts, specifically the
    amount of leverage. If the proposal goes through and 100:1 leverage becomes 10:1, it will take
    out a lot of good citizens with low investments to trade in Forex market. Many people like me will
    have to close our accounts, because we will no longer be able to trade. I urge you to reconsider
    your proposal and even reverse it.
    Sincerely,
    Abbas Hamidi,
    A citizen trying to get
    into Forex market