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Comment for Proposed Rule 75 FR 3281

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  • From: Renato Mendona
    Organization(s):

    Comment No: 1386
    Date: 1/20/2010

    Comment Text:

    i0-001
    COMMENT
    CL-01386
    From:
    Sent:
    To:
    Subject:
    Renato Mendon [] a
    Wednesday, January 20, 2010 11:43 PM
    secretary
    Regulation of Retail Forex
    RIN 3038-AC61
    Dear Members of CTFC
    I would like to state that I entirely reprove the idea of changing the way we can leverage our operations today.
    I have been investing in the FOREX market since 2004 and it took years for me to get used to the market movements and
    finally set a reliable trading system.
    If I don[]t have the freedom to decide my leverage levels in a US Broker, I will certainly move my money to an European Bank
    to make sure I will be able to do what I []ve been doing for all these years.
    Please don ~t touch the leverage. Leave it exactly as it is. Let us decide our risk strategies.
    Regards,
    Renato Meddon~a