Font Size: AAA // Print // Bookmark

Comment for Proposed Rule 75 FR 3281

  • From: Chris Hilbig
    Organization(s):

    Comment No: 6008
    Date: 3/4/2010

    Comment Text:

    i0-001
    COMMENT
    CL-06008
    From:
    Sent:
    To:
    Subject:
    Chris Hilbig
    Thursday, March 4, 2010 1:02 PM
    secretary
    Regulation of Retail Forex
    Secretary David Stawick,
    I understand that the U.S. Commodity Futures Trading Commission (CFTC) had recently proposed broad regulatory changes
    that include reducing the current leverage available to forex traders from 100:1 to 10:1. I would like to express my opposition
    to this reduction. I would also like to register my request for the return of 200:1 leverage. If such stringent regulation
    continues to be imposed by the CFTC, I will be forced to find a Forex broker abroad. I'm already considering such action as it
    is.
    Sincerely,
    Chris Hilbig
    chilbig@yahoo, corn