Font Size: AAA // Print // Bookmark

Comment for Proposed Rule 75 FR 3281

  • From: MahomedIqubal Suleman
    Organization(s):

    Comment No: 3180
    Date: 1/23/2010

    Comment Text:

    i0-001
    COMMENT
    CL-03180
    From:
    Sent:
    To:
    Subject:
    Mahomed Iqubal Suleman
    Saturday, January 23, 2010 9:12 AM
    secretary
    Regulation of Retail Forex' identification number R1N 3038-AC61
    Dear Sirs
    I gather from my foex dealer that you wish to reduce the leverage for forex trading from 1% to 10%. I am obviously
    concerned about this a I use the 1% margin for most of my trading and it is for this reason that I opened my account with
    interbankfx in the United States. If this margin is increased to 10 % then I may have to move my account to other country. I
    hope this does not happen and look to many future years of trading forex with my present Broker
    hank You.
    Mahomed Suleman
    UK