Comment for Proposed Rule 75 FR 3281
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From:
Rab Jafri
Organization(s):
Comment No:
1288
Date:
1/20/2010
Comment Text:
i0-001
COMMENT
CL-01288
From:
Sent:
To:
Subject:
Rab Jafri
Wednesday, January 20, 2010 10:18 PM
secretary
SUPPORT LIMITING LEVERAGE
For too long, these unregulated forex dealers have been taking advantage of customers who do not
understand leverage. Not even the most sophisticated hedge funds in the world use 100 to 1 leverage.
Its unimaginable how CFTC has let this run for so long. Over 90% of retail traders fail and this is how
the brokers make money off them. I FULLY SUPPORT THIS REGULATION!
