Comment for Proposed Rule 75 FR 3281
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From:
Scott Schoettger
Organization(s):
Comment No:
2230
Date:
1/21/2010
Comment Text:
i0-001
COMMENT
CL-02230
From:
Sent:
To:
Subject:
Scott & Trish Schoettger
Thursday, January 21, 2010 8:34 PM
secretary
Regulation of Retail Forex
To Whom it May Concern:
This message is related to identification number RIN 3038-AC61. The proposed 10:1 forex leverage limit is not needed.
Most traders use a system that allows them to determine the leverage that is appropriate for their own use. Just because 100:1
is available, that doesn't mean it has to be used. Those who prefer less leverage, can presently use less by their own
choice. Those who prefer and have used 100:1 leverage should continue to have that option. Please leave the choice up to
the individual.
Sincerely,
Scott Schoettger
