Comment for Proposed Rule 75 FR 3281
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From:
Antony Smirnov
Organization(s):
Comment No:
1553
Date:
1/21/2010
Comment Text:
i0-001
COMMENT
CL-01553
From:
Sent:
To:
Subject:
Antony S.>
Thursday, January 21, 2010 5:07 AM
secretary
Regulation of Retail Forex
RIN 3038-AC61
Dear Sirs,
As to the new forex limited leverage regulation,
please be sure this is a good step towards stability and
more professionalism in the area of currency trading.
Although, there seems to be an a really hard cut from 100:1 to 10:1.
As a private trader, i feel it extremely valuable to cut such a speculative
leverage in order to lower margin calls amongst new members of forex
society.
Appreciating such a move, I also suggest being more conservative and keep
the maximum leverage at 50:1 ,which is right the half of what we have now,
while recommended setting for non-qualified traders would be like 25:1
I guess, all the votes will be counted, so i appreciate your work on
making things better and hope finally everyone gets what he wants.
Feel happy leaving my concerns,
sincerely
Antony Smirnov,
Panama
HamicaHo B nOqTOBOM ic~rieHTe 6pay3epa Opera: http://www.opera.com/mail/
