Comment for Proposed Rule 75 FR 3281
Note:
If you experience an issue clicking on the "View Comments", the "Submit Comments", or any other buttons, please clear the cache in your browser and refresh the page. In Chrome or Edge, you may refresh the cache by holding down the ctrl key and clicking the F5 button.
-
-
From:
Thomas Bengtsson
Organization(s):
Comment No:
1421
Date:
1/21/2010
Comment Text:
i0-001
COMMENT
CL-01421
From:
Sent:
To:
Subject:
Thomas B
Thursday, January 21, 2010 12:38 AM
secretary
Regulation of Retail Forex
RIN 3038-AC61
Regarding proposed changes to leverage requirements
I believe that it should be up to the individual investor to determine which level of leverage is
appropriate for his]her situation. It would be a great detriment to me as a trader and to the
competitiveness of the US forex market if these proposed leverage reductions would come to
pass. Many investors]traders, including myself, would in such a situation be inclined to seek out a
market, most likely outside of the United States, that offer better trading conditions. The current
regulation that sets minimum capital requirements for forex brokers go a long way to protect
investors and there is simply no need what so ever to impose stricter margin requirements.
Best regards,
Thomas Bengtsson
