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Comment for Proposed Rule 75 FR 3281

  • From: John M Hubert
    Organization(s):

    Comment No: 4410
    Date: 1/28/2010

    Comment Text:

    i0-001
    COMMENT
    CL-04410
    From:
    Sent:
    To:
    Subject:
    John Huberty
    Thursday, January 28, 2010 10:29 PM
    secretary < secreta ry@ C FTC. g ov >
    RIN 3038-AC61; Regulation of Retail Forex
    To Whom It May Concern:
    I write to register my opinion regarding the proposal to limit retail forex trading to a 10:1 leverage
    ratio. Iam very much against this limitation and suggesta limit in the range of 100:1 and
    certainly no less than 50:1. This will allow forex traders the flexibility they need to apply current
    strategies in the market, and the more traders there are means the greater liquidity there will be in
    the market.
    Thank you.
    Sincerely,
    John M. Hubert, Esq.
    9769 209 Ave NW
    Elk River, MN 55330
    763/688-3236
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