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Comment for Proposed Rule 75 FR 3281

  • From: Marco Mayer
    Organization(s):

    Comment No: 539
    Date: 1/19/2010

    Comment Text:

    i0-001
    COMMENT
    CL-00539
    From:
    Sent:
    To:
    Subject:
    Marco Mayer
    Tuesday, January 19, 2010 11:56 AM
    secretary
    Regulation of Retail Forex
    Regarding RIN 3038-AC61
    Hello,
    I'm a professional Forex-trader and putting leverage to 10:1 will literally kill my business. It doesn't make much
    sense, but if you do it, also do it in the Futures-Market otherwise it doesn't make any sense at all.
    Putting a limit to 100:1 or 50:1 is okay but 10:1 trading Forex doesn't make sense any more.
    Education is the keyword, leverage is not a problem.
    Kind Regards,
    Marco Mayer