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Comment for Proposed Rule 75 FR 3281

  • From: Ahmed Qazani
    Organization(s):

    Comment No: 7107
    Date: 3/13/2010

    Comment Text:

    i0-001
    COMMENT
    CL-07107
    From:
    Sent:
    To:
    Cc:
    Subject:
    Ahmed Alkhatat
    Saturday, March 13, 2010 12:16 AM
    secretary
    [email protected]
    Regulation of Retail Forex
    Dear Sir,
    Just wanted to say that the new proposed regulation
    of leverage in retail Forex customer accounts would be
    subject to a 10-to-1 limitation will effect the trading hardly,
    majority of the traders whom are living on trading Forex
    are small traders and can not face the new proposed
    regulation, which means increase of unemployment.
    I am against this regulation and wish that you reconsider
    this decision and keep the leverage 1/100 as it is.
    Kind regards
    Ahmed Qazani
    Small trader
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