Comment for Proposed Rule 75 FR 3281
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From:
Toby Hughes
Organization(s):
Comment No:
1971
Date:
1/21/2010
Comment Text:
i0-001
COMMENT
CL-01971
From:
Sent:
To:
Subject:
toby hughes
Thursday, January 21, 2010 4:17 PM
secretary
Leverage Regulation
Hi,
My name is Toby. I received a letter from my broker. I was informed about a new regulation that
would affect my leverage in the forex market. Right now I receive 100-1 buying power. The leverage is
significant to me. I would prefer to keep our buying power the same. I know regulations are necessary,
however a lower leverage would knock me out of my business. I would be in favor of a 1,000-1
leverage but not lower than 100-1.
Thank you,
Toby Hughes
