Comment for Proposed Rule 75 FR 3281
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From:
Gary Grewal
Organization(s):
Comment No:
1655
Date:
1/21/2010
Comment Text:
i0-001
COMMENT
CL-01655
From:
Sent:
To:
Subject:
Gary Grewal
Thursday, January 21, 2010 9:16 AM
secretary
Regulation of Retail Forex
Dear Secretary,
This email is regarding RIN 3038-AC61
I strongly oopose the new regulation being considered for forex trading
"leverage in retail forex customer accounts would be subject to a 10-to- 1 limitation".
We should be given the freedom and right to choose the amount of leverage that we desire, which
currently is 100:1 leverage (one percent). You are jeopardizing the basic principle of'choice' by
changing the leverage to 10:1. I oppose the new regulation being considered.
Thanks.
Gary Grewal
