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Comment for Proposed Rule 75 FR 3281

  • From: Jose F Riguera Garcia
    Organization(s):

    Comment No: 5709
    Date: 3/3/2010

    Comment Text:

    i0-001
    COMMENT
    CL-05709
    From:
    Sent:
    To:
    Subject:
    Jose Fernando Riguera Garcia
    Wednesday, March 3, 2010 7:13 PM
    secretary
    Regulation of Retail Forex
    Greetings, I am an investor that operates in the Forex market, I work with an amount of
    4.000 $, what I am supposed to do with that amount and a leverage of 10:1?
    You can not pass in this violent form from 100:1 leverage to 10:1
    Do you want some ideas?
    For starters 20:1, after six months 50:1 and after a year 100:1
    If you trade for a year it means you can manage leverage.
    For me is very simple to close the account and open another in England.
    Thanks.
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