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Comment for Proposed Rule 75 FR 3281

  • From: Eddie Wahaidi
    Organization(s):

    Comment No: 1320
    Date: 1/20/2010

    Comment Text:

    i0-001
    COMMENT
    CL-01320
    From:
    Sent:
    To:
    Subject:
    Raed AL-Wahaidi
    Wednesday, January 20, 2010 10:42 PM
    secretary
    Regulation of Retail Forex
    Dear Sir / Madam;
    I think your idea of bringing down the leverage in retail forex customer accounts to a 10-to-1 is a bad
    idea. I think we should have the right and freedom to choose the leverage we feel comfortable with,
    whether it is 10:1 or 400:1. I think the market would lose alot the retail customers out there if this is
    implemented.
    Best regards;
    Eddie Wahaidi
    Identification number RIN 3038-AC61