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Comment for Proposed Rule 75 FR 3281

  • From: Daniel Cortez
    Organization(s):

    Comment No: 4431
    Date: 1/29/2010

    Comment Text:

    i0-001
    COMMENT
    CL-04431
    From:
    Sent:
    To:
    Subject:
    [email protected]
    Friday, January 29, 2010 8:00 AM
    secretary
    Regulation of Retail Forex
    Identification Number RIN 3038-AC61
    To whom it may concern,
    I strongly appose the idea of limiting the trading leverage of 10-to-1 in retail forex. I believe this proposed
    regulation will be a determent to most forex traders and also to forex retail brokers in the U.S. as well, especially
    in this troublesome economy. I strongly stand behind the belief that I should be given the freedom to choose the
    amount of leverage for myself and that the present limit of 100-to-1 is perfectly fine. Thank you very much.
    Daniel Cortez
    Los Angeles, CA.