Font Size: AAA // Print // Bookmark

Comment for Proposed Rule 75 FR 3281

  • 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