Font Size: AAA // Print // Bookmark

Comment for Proposed Rule 75 FR 3281

  • From: Steven L
    Organization(s):

    Comment No: 4987
    Date: 2/4/2010

    Comment Text:

    i0-001
    COMMENT
    CL-04987
    From:
    Sent:
    To:
    Subject:
    Steven L
    Thursday, February 4, 2010 12:57 PM
    secretary
    Regulation of Retail Forex
    Restricting the Forex market leverage to 10-to-1, would basically kill all the small time Forex market
    traders such as myself. With a 10-to-1 leverage, I'll be lucky to make pennies on a trade per basis, at
    least with the current leverage there is money to be made and therefor reason to invest in the Forex
    markets! So if you change this rule, then I will be out of busines!! ! !
    Thanks,
    Steven L