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Comment for Proposed Rule 75 FR 3281

  • From: German S Lobo
    Organization(s):

    Comment No: 1711
    Date: 1/21/2010

    Comment Text:

    i0-001
    COMMENT
    CL-01711
    From:
    Sent:
    To:
    Subject:
    German Sanchez
    Thursday, January 21, 2010 10:44 AM
    secretary
    'Regulation of Retail Forex' : Identification Number: R1N 3038-AC61
    Hello:
    My account number with IBFX is: 6029857.
    I don't agree with the proposal of leverage 10:1.
    I think that the brokers should improve the education about the market, Forex.
    But the decision of Leverare is only of the users.
    An idea: The Brokers should apply exam, test, about Forex, (after Education Program) for the new users.
    If the user get more than 80% then, the user can open account with the broker.
    Best Regards.
    German Sanchez Lobo.