Comment Text:
i0-001
COMMENT
CL-05631
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[email protected]
Sunday, February 28, 2010 4:37 PM
secretary
Public Submission for 2010-00456
Public Submission for 2010-O0456.zip
Please refer to the attached file.Please Do Not Reply This Email.
Public comments on Regulation of off-Exchange Retail Foreign Exchange Transactions
and Intermediaries.
Title: Regulation of off-Exchange Retail Foreign Exchange Transactions and
Intermediaries
FR Document Number: 2010-00456
Legacy Document ID:
RIN: null
Publish Date: Wed Jan 20 00:00:00 EST 2010
submitter Info:
first_name steve
last_name Fischer
address1 705 East Green Street
city Frankfort
country united states
us_state IN
zip 46041
company Home
I am opposed to the proposed Forex leverage change. The small cost of mini lots at
100:1 has allowed me to learn forex trading with very minimal investment and risk.
This is starting to become a second income (much needed during these economic
times). My account is small. A reduction in leverage to 10:1 would result in a cut
in this second income of 90%, just when it's starting to get going.
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