Comment Text:
10-002
COMMENT
CL-07814
From:
Sent:
To:
Subject:
Dr. SS
Monday, February 15, 2010 8:38 PM
secretary
Regulation of Retail Forex
Hello CFTC
please do not mess with Leverage in Forex keep it at 100:1
each investor should be able to choose their own level of Risk
your idea is a bad one, really bad!
..... Forwarded Message ....
From: FX Solutions
To:
[email protected]
Sent:
Fri, January 22, 2010 1:24:28 PM
Subiect: How the Proposed CFTC Regulations Will Impact You
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Dear FX Solutions Customer,
Recently, the U.S. Commodity Futures Trading Commission (CFTC) announced that it is seeking public comment on proposed
regulations concerning Forextrading. In part, the proposed regulations states:
. to collect security deposits in a minimum amount in order to prudentially limit the leverage available to their retail
customers on such transactions at 10 to 1.
This means that leverage limits will be reduced from current limits of 100:1 to 10:1 for all Forex trading in the U.S. Below is an
example of how the proposed leverage reduction would affect your Forex trading account.
:U~,J t 5iz~
10,000
:N~ml~.r ~2f Ict~
I0
::::::::::::::::::::::::::::::::::::::::::::::::::::::
FX Solutions is a proud registrant of the CFTC and member of the NFA and we will continue to cooperate with the CFTC and NFA in
their efforts to eliminate fraud and deception within the Forex Market. However, we believe that you should be given the freedom to
choose the appropriate amount of leverage for your individual trading style and risk tolerance.
If you feel strongly about the proposal, we urge you to submit your comments directly to the CFTC. In order to ensure that your
voice is heard, please send your comments to the CFTC by March 22, 2010 and be sure to include ¯ Regulation of Retail
Forex.
in the subject line and identification number RIN 3038-AC61 in the body of your message.
You can contact the CFTC through any of the following methods:
Email:
Fax:
Mail:
[email protected]
(202) 418-5521
David Stawick,
Secretary, Commodity Futures Trading Commission,10-002
COMMENT
CL-07814
1155 21st Street, NW,
Washington, DC 20581
Web:
Federal eRulemaking Portal
FX Solutions is currently reviewing these proposed rules and along with the U.S. Forex Dealer Coalition will publish our opinion in the
coming days. For more details on the proposed regulation visit the
CFTC.
FX Solutions is a global Forex company which is committed to providing our clients with the utmost in transparency and client
service. Our clients have the option to open accounts in either the UK or Australia which offer flexible leverage and are not impacted
by CFTC rules. For information about FX Solutions regulated outside the United States, please visit
Trading with Higher Leveracle or
contact Customer Service.
Sincerely,
FX Solutions
[~2010 - FX Solutions, LLC
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