Comment for Proposed Rule 75 FR 3281
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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
