Comment for Proposed Rule 75 FR 3281
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From:
Greg G
Organization(s):
Comment No:
1712
Date:
1/21/2010
Comment Text:
i0-001
COMMENT
CL-01712
From:
Sent:
To:
Subject:
Greg G
Thursday, January 21, 2010 10:45 AM
secretary
Regulation of Retail Forex
RIN 3038-AC61
Hello, My name is Greg and I trade retail forex, and have been doing so for the last 5 years. The recent
changes made by the CFTC to change the maximum leverage to l:100 was a bit of a set back as I was
trading with a 1:200 leverage amount. Since the change, I have still done reasonable well. I do think
that there are traders out there that use too much leverage, but that is:
1. Their choice because of experience, and they maximize profits
