Comment for Proposed Rule 75 FR 3281
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From:
Monami Sharma
Organization(s):
Comment No:
2156
Date:
1/21/2010
Comment Text:
i0-001
COMMENT
CL-02156
From:
Sent:
To:
Subject:
Monami Sharma
Thursday, January 21, 2010 7:36 PM
secretary
Regulation of Retail Forex
Dear Sir/Madam
I am a retail forex trader and I am NOT IN FAVOR of, R~N 3038-A¢61 ,for change of
leverage to 10:1.
1. Retail forex trading is a big hope for people like me with which we can achieve better financial
stability.By reducing margins profit prospects with low investments will be reduced !!
2. As far as Risk associated to it with higher leverages ,its totally dependent on trader,just like we go in
casino and its up to us how much to put on stake!
3. The only reason I came to forex retail trading and millions like me are because of the money made by
successful trading with the help of good leverages.If this is reduced I am sure its popularity will go away
and with that hopes for better financial stability.
So please re consider this proposal!
Regards
Retail FXTrader
