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Comment for Proposed Rule 75 FR 3281

  • From: Amir Doulatshahi
    Organization(s):

    Comment No: 316
    Date: 1/18/2010

    Comment Text:

    i0-001
    COMMENT
    CL-00316
    From:
    Sent:
    To:
    Subject:
    [email protected]
    Monday, January 18, 2010 12:11 PM
    secretary
    Regulation of retail forex (RIN 3038-AC61)
    RIN 3038-AC61
    I am a retail FX Trader and I am strongly opposed to your new leverage proposal of 10:1 by
    CFTC. I believe the choice should be left to the Traders as to what leverage is appropraite for
    them. It would be a great idea to have the brokers diclose the leverage options and risk
    involved. I would hate to see for most of the FX Retail Traders to move their invesments out of
    this country, simply because as a mature individual they weren't given a choice or option.
    Please reconsider this proposal.
    Sincerely
    Amir Doulatshahi