Comment for Proposed Rule 75 FR 3281
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From:
Casey Windham
Organization(s):
Comment No:
1787
Date:
1/21/2010
Comment Text:
i0-001
COMMENT
CL-01787
From:
Sent:
To:
Subject:
Casey Windham
Thursday,
January 21, 2010 11:52 AM
secretary
Regulations of Retail Forex.
I am writing in response to your proposed regulation change where you intend
to lower the Forex leverage from 100:1 to 10:1 for all retail trades through
NFA and CFTC regulated Forex firms.
I am a FOREX retail trader and your proposal will cause great harm to my
business as well as other FOREX traders.I therefore request that you do not
enact this role. 100:1 is a good safe level of leverage.We do not need nor
desire such changes.
Thank you.
Casey Windham
