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Comment for Proposed Rule 75 FR 3281

  • From: Steven M Sandifer
    Organization(s):

    Comment No: 1990
    Date: 1/21/2010

    Comment Text:

    i0-001
    COMMENT
    CL-01990
    From:
    Sent:
    To:
    Subject:
    Steven Sandifer
    Thursday, January 21, 2010 4:50 PM
    secretary
    Proposed changes to Forex leverage!
    Hello,
    I am voicing my opinion regarding the proposed change to reduce Forex leverage from 100:1 to only
    10:1. This would be disastrous to many traders, including myself. I make my living by trading
    currencies on the Forex market and the regular use of 100:1 leverage is key to my successful trading.
    Please reconsider this proposed change, as it will greatly reduce the profit potential of many Forex
    traders. This is NOT a good change!
    Steven M. Sandifer
    smsandifer3 @gmail.com
    619-519-9230