Comment for Proposed Rule 75 FR 3281
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From:
Antonio Jimenez
Organization(s):
Comment No:
2031
Date:
1/21/2010
Comment Text:
i0-001
COMMENT
CL-02031
From:
Sent:
To:
Subject:
Antonio Jimenez
Thursday, January 21, 2010 5:40 PM
secretary
Regulation of Retail Forex
Dear FXCM
As a forex trader I would like to say what I will be hurt if We lower the leverage at to 10:1
I decided to open an account first because I love the advantage that give me 100 to 1 leverage.
I personal think that If this law 10 to 1 leverage is to protect the novice trader, is going to go agains
Him or Her, because He or She is going to invest more of his own capital, He or She will get more often
margin calls, ending up loosing all his investment quicker instead of having 100 to 1 leverage.
Att:
Antonio Jimenez
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