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Comment for Proposed Rule 75 FR 3281

  • From: Francisco DeCordova
    Organization(s):

    Comment No: 3619
    Date: 1/24/2010

    Comment Text:

    i0-001
    COMMENT
    CL-03619
    From:
    Sent:
    To:
    Subject:
    [email protected]
    Sunday, January 24, 2010 8:32 PM
    secretary
    Regulation of Retail Forex - Respectfully Eliminate
    Dear Secretary:
    The Retail Forex is one of the last markets where the 'little' investor has opportunities for creating wealth. We as
    experienced and knowledgeable traders know the
    risks of trading in this market more than many care to know. By restricting the leverage to a maximum often to 1
    you are eliminating the masses of traders who can trade
    effectively but do not have the capital to participate.
    As the result, we will be forced to move our account investment outside the United States. Please reconsider and
    eliminate the leverage restriction from the proposed legislation.
    Respectfully,
    Francisco de Cordova