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Comment for Proposed Rule 75 FR 3281

  • From: William Alkins
    Organization(s):

    Comment No: 1106
    Date: 1/20/2010

    Comment Text:

    i0-001
    COMMENT
    CL-01106
    From:
    Sent:
    To:
    Subject:
    william alkins
    Wednesday, January 20, 2010 7:28 PM
    secretary
    Regulation of Retail Forex
    Greetings: rin 3038-ac61
    Your proposed leverage regulation, to reduce the leverage available to retail customers is just
    a bad idea as it hinders both the small investor & large investor unnecessarly.
    As it is now a investor cant loose more than they invest, even with more than 100/1 leverage
    you still cant loose more than you start with so there is no valed reason to decrees available
    leverage.
    So i would urge you not to pass any regulation that would require any less leverage but instead
    allow even more available leverage as it actually lowers the capital needed to invest.
    Thanks,William