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Comment for Proposed Rule 75 FR 3281

  • From: Cengiz Balta
    Organization(s):

    Comment No: 1916
    Date: 1/21/2010

    Comment Text:

    i0-001
    COMMENT
    CL-01916
    From:
    Sent:
    To:
    Subject:
    bilgi
    Thursday, January 21, 2010 3:04 PM
    secretary
    Regulation of Retail Forex
    RIN 3038-AC61
    Regarding 1:10 leverage
    After all regulations, many brokers has moved customers to UK offices. 1:100 is a standard case for forex. If you
    really force to reduce 1:10 leverages, US brokers totally will loose their customers.
    I exactly will have to move a UK broker. Or I'll advise my broker to open UK office.
    Thanks
    Cengiz Balta