Comment for Proposed Rule 75 FR 3281
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From:
Ryan Hunt
Organization(s):
Comment No:
1426
Date:
1/21/2010
Comment Text:
i0-001
COMMENT
CL-01426
From:
Sent:
To:
Subject:
Ryan Hunt
Thursday, January 21, 2010 12:42 AM
secretary
Regulation of Retail Forex
RE: RIN 3038-AC61
1 am against limiting the maximum leverage on FOREX trading to 10:1. The currency markets change
in much smaller percentages than the stock markets. There is no doubling or tripling of value in
currencies like you can see in stocks. Likewise, currencies aren't at much risk of going to zero like an
equity. In order for me to trade in FOREX and make a healthy return on small movements, I need better
leverage than 10:1. I prefer 100:1 and I will remain vocal about it.
Regards,
-Ryan Hunt
Pine River, MN
