Comment for Proposed Rule 75 FR 3281
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From:
Eric Pisauro
Organization(s):
Comment No:
1609
Date:
1/21/2010
Comment Text:
i0-001
COMMENT
CL-01609
From:
Sent:
To:
Subject:
Eric Pisauro
Thursday, January 21, 2010 8:17 AM
secretary
'Regulation of Retail Forex'
RIN 3038-AC61 :
I am against reducing the leverage limitation.
I stand behind the belief that we should be given the freedom and
right to choose the amount of leverage that is appropriate for our
individual desired risk, and that this basic principle of 'choice' is
in jeopardy by the proposed CFTC regulations. As part of the
proposed regulations, it is stated: "leverage in retail forex customer
accounts would be subject to a 10-to-1 limitation," which means 10:1
leverage would be the maximum amount allowed for all Forex traders in
the U.S.
Eric Pisauro
Ph: 610-795-1000 ext. 208
Fax: 610-896-5704
Cell: 856-803-9571
Email: Eric.Pisauro@Regency GroupU SA.com
