Comment for Proposed Rule 75 FR 3281
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From:
Shilo Knaevelsrud
Organization(s):
Comment No:
2325
Date:
1/21/2010
Comment Text:
i0-001
COMMENT
CL-02325
From:
Sent:
To:
Subject:
shilo knaevelsrud
Thursday, January 21, 2010 10:25 PM
secreta ry < secreta ry@ C FTC. g ov >
Regulation of retail of forex
Dear
CFTC:
I am writing you on behalf of your new proposition of leveraging 10:1. I am firmly against this! Part of
the reason I even trade the forex is because of the great leverage that is offered. I have been trading
for 4 years now and it would be such a disservice to traders if the leverage changed. Yes, it is risky but
that is made very clear to people. You would lose a lot of traders by making these changes. Again, I am
strongly against this proposition!
Thank you
Shilo Knaevelsrud