Comment for Proposed Rule 75 FR 3281
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From:
Steve Hartunian
Organization(s):
Empire Investments LLC
Comment No:
2145
Date:
1/21/2010
Comment Text:
i0-001
COMMENT
CL-02145
From:
Sent:
To:
Subject:
Steve hartunian
Thursday, January 21, 2010 7:31 PM
secretary
Over Reaching Conrols
The U.S. Commodity Futures Trading Commission (CFTC) announced on January 13, 2010 that it is seeking public comment
on proposed regulations concerning retail forex trading.
As part of the proposed regulations, "leverage in retail forex customer accounts would be subject to a 10-to-1 limitation,"
which means 10:1 leverage would be the maximum amount allowed for forex traders in the U.S.
HOW WOULD THE PROPOSED CHANGE AFFECT YOU?
This would be ridiculous and as a result of this proposed change, I would stop trading.
Steve Hartunian
Empire Investments, LLC
1801 Century Park East, Suite 2400
Century City, CA 90067-3113
P: 310-552-0004
F: 310-459-8727
[email protected]
