Comment for Proposed Rule 75 FR 3281
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From:
Mostafa E Awady
Organization(s):
Comment No:
1530
Date:
1/21/2010
Comment Text:
i0-001
COMMENT
CL-01530
From:
Sent:
To:
Subject:
Mostafa El Awady
Thursday, January 21, 2010 4:00 AM
secreta ry < secreta ry@ C FTC. g ov >
Regulation of Retail
Hello,
I would like to comment on your new proposal to change forex retail brokers regulations, and
change maximum leverage from 100:1 to 10:1.
Please note that this decision will not only be hard to many many traders that like to trade with
this kind of leverage (including me), but it will also kill the forex business in the USA, because all
traders will move to brokers in other countries that still offer the kind of leverage they need.
Please don't KILL forex.
RIN 3038-AC61
Thanks,
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