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Comment for Proposed Rule 75 FR 3281

  • From: Al Fedor
    Organization(s):

    Comment No: 1471
    Date: 1/21/2010

    Comment Text:

    i0-001
    COMMENT
    CL-01471
    From:
    Sent:
    To:
    Subject:
    A1 Fedor
    Thursday, January 21, 2010 1:43 AM
    secretary
    Regulation of retail Forex
    RIN
    3038-AC61
    Dear Sir
    I am writing in response to the proposed CFTC regulation of reducing margine reqirements foe forex from 100-1
    to 10-1.
    I belief that I should be given the freedom and right to choose the amount of leverage that is appropriate for my
    risk, and that this basic principle of 'choice' is in jeopardy by the proposed CFTC regulations. I therefore am very
    much against this restrictive proposal.
    Sincerly yours,
    AI Fedor