Comment for Proposed Rule 75 FR 3281
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From:
Robert Montoya
Organization(s):
Comment No:
2101
Date:
1/21/2010
Comment Text:
i0-001
COMMENT
CL-02101
From:
Sent:
To:
Subject:
[email protected]
Thursday, January 21, 2010 7:01 PM
secretary
Regulation of Retail Forex
Hello,
I wanted to submit my personal opinion and objection to changing the leverage for Forex trading from 100 to 1 to
10 to 1. I do understand that you are attempting to protect the consumer from themselves and over leveraging
their positions and exposure to the market. However, you are appearing to be trying to purposely eliminate the
average consumer from this historically private market. If you want to help the consumer then address the real
issues in the market as Stop Hunting, fluctuating spreads, and price differences among the Dealers.
Thank you,
Robert Montoya
RIN
3038-AC61