Comment for Proposed Rule 75 FR 3281
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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
