Comment for Proposed Rule 75 FR 3281
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From:
Herbert T Hoen
Organization(s):
Comment No:
1591
Date:
1/21/2010
Comment Text:
i0-001
COMMENT
CL-01591
From:
Sent:
To:
Subject:
Herbert
Thursday, January 21, 2010 7:33 AM
secretary
Regulation of Retail Forex - RIN 3038-AC61
Dear Mr.
Stawick,
Hereby I would like to express my concern about the proposed leverage change for retail forex customer
accounts.
By limiting the leverage to 10:1, it will worsen the risk a trader needs to take.
As a forex trader I will be forced to jeopardize more of my capital to be able to trade the same no. of lots, which in turn
represents my daily bread and butter.
I urge the CFTC not to change the current leverage regulations, so customers like me will not be forced to
take unnecessary risk or even worse: not being able to trade any longer.
Regards,
H.L. "t Hoen
Customer of InterbankFX US
