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Comment for Proposed Rule 75 FR 3281

  • From: Andrew Baldino
    Organization(s):

    Comment No: 517
    Date: 1/19/2010

    Comment Text:

    i0-001
    COMMENT
    CL-00517
    From:
    Sent:
    To:
    Subject:
    Andrew Baldino
    Tuesday, January 19, 2010 12:03 PM
    secretary < secretary@ C FTC. g ov >
    Regulation of Retail Forex
    To Whom It May Concern,
    I would like to express my disapproval of the recently proposed regulation of leverage in retail
    forex customer accounts to a 10-to-1 limitation. My broker already offers a mechanism for altering
    the leverage on my account, and I am much happier with my current 100:1 level. I am a small
    time trader, but fully aware of all risks in this market, and believe that it should be up to the
    individual to set the appropriate level of leverage to his/her own needs.
    Andrew Baldino
    RIN 3038-AC61
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