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Comment for Proposed Rule 75 FR 3281

  • From: Craig Wulff
    Organization(s):

    Comment No: 2554
    Date: 1/22/2010

    Comment Text:

    i0-001
    COMMENT
    CL-02554
    From:
    Sent:
    To:
    Subject:
    Craig
    Wulff
    Friday, January 22, 2010 9:38 AM
    secretary
    Regulation of Retail Forex
    Mr. David Stawick,
    I have been a retail Forex trader for the last 5 years. The decrease to 1:100 leverage was bad enough, but the proposed 1:10
    leverage is an atrocity!
    I have always traded with 1:200 leverage when 1:400 leverage has been available. I realize the importance of leverage and do
    not want to over leverage my account.
    I strongly believe that leverage is a personal decision that is best left up to the trader. Please do not initiate the RIN 3038-
    AC61.
    Thanks!
    Craig Wulff
    [email protected]
    651-770-4938