Font Size: AAA // Print // Bookmark

Comment for Proposed Rule 75 FR 3281

  • 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