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Comment for Proposed Rule 75 FR 3281

  • From: Rouzbeh Behrooz
    Organization(s):

    Comment No: 2977
    Date: 1/22/2010

    Comment Text:

    i0-001
    COMMENT
    CL-02977
    From:
    Sent:
    To:
    Subject:
    Rouzbeh Behrooz
    Friday, January 22, 2010 7:26 PM
    secretary
    'Regulation of Retail Forex'
    RIN3038-AC61
    Hello
    I would like to let the commission know that I am in opposition of the proposed 10-1 leverage
    requirements. This threatens the basic principle of 'choice'. Every trader should have the right to choose
    the amount of leverage that is suitable for their risk appetite and trading preference. I am sure that the
    retail trading community would appreciate if this proposed change would be dismissed as we are still
    trying to cope with the recent 100-1 changes that were made in late 2009.
    I thank you in advance
    Rouzbeh Behrooz
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