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Comment for Proposed Rule 75 FR 3281

  • From: Julio Mota
    Organization(s):

    Comment No: 3969
    Date: 1/26/2010

    Comment Text:

    i0-001
    COMMENT
    CL-03969
    From:
    Sent:
    To:
    Subject:
    Julio Mota
    Tuesday, January 26, 2010 1:43 AM
    secretary < secretary@ C FTC. g ov >
    Regulation Of Retail Forex
    Dear David Stawick,
    (Identification Number Rin 3038-AC61)
    My name is Julio Mota and I am a Forex trader who disagree with the new proposal that will limit
    the leverage to 1:10 for all Forex traders in the U.S. I think that it will affect tremendously to those
    Forextraders like me who have a small account. I think that this isa country of freedom and for
    that reason every investor or trader should have the freedom to select what leverage to use. I
    have an account with 1:500 leverage and for me this leverage is the best. it give me the
    opportunity to have the freedom trading the way I want. I think that if you want to bring back
    investor or trader to the stock Market it is not the correct way to do it(affecting the Forex trader).
    Thanks in advance:
    Julio Mota
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