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Comment for Proposed Rule 75 FR 3281

  • From: Chiheb Battikh
    Organization(s):

    Comment No: 5724
    Date: 3/3/2010

    Comment Text:

    i0-001
    COMMENT
    CL-05724
    From:
    Sent:
    To:
    Subject:
    Chiheb
    Wednesday, March 3, 2010 7:18 PM
    secretary
    Regulation of Retail Forex
    MrDavid Stawick,
    Secretary
    Commodity
    Futures Trading
    Commission
    1155 21st Street, N.W.,
    Washington, DC 20581
    Dear Sir,
    I would like toe×press my strong opposition to the proposedleverage change, reducing the current leverage available to FOREX traders
    from 100:1 to 10:1.
    Such a measure would stronglycompromise the ability of FOREX traderslike me, who have small account (less than 50,000 USD)and yet
    have been doing a decent incomethrough a good money management strategy.
    Best Regards,