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Comment for Proposed Rule 75 FR 3281

  • From: Tor McLean
    Organization(s):

    Comment No: 1954
    Date: 1/21/2010

    Comment Text:

    i0-001
    COMMENT
    CL-01954
    From:
    Sent:
    To:
    Subject:
    tor mclean
    Thursday, January 21, 2010 4:08 PM
    secretary
    Proposed changes in leverage
    To whom it may concern.
    I have been made aware of the proposed changes in leverage for the Forex market. The proposed 10:1 is
    not necessary or appreciated in my opinion. Traders must take responsibilty for their own risk, win or
    lose. I would much prefer you increase leverage back to where it was a while ago at 300-400. Going to
    a 10:1 ratio only hinders the majority.
    Sincerely,
    Dr Tor McLean