Comment for Proposed Rule 75 FR 3281
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From:
Gerald Deer
Organization(s):
Comment No:
1897
Date:
1/21/2010
Comment Text:
i0-001
COMMENT
CL-01897
From:
Sent:
To:
Subject:
Gerald Deer
Thursday, January 21, 2010 2:43 PM
secretary
Regulation of Retail Forex
I'm strongly against the new regulation asking brokerage firms to lower the leverage from 100:1 to 10:1.
That would make it much harder to manage an account and would also cause a change in trading
strategy which required years to create.
There's nothing wrong with the current leverage amounts, Do not change what isn't causing a problem.
Warm Regards,
Gerald Deer
