Comment for Proposed Rule 75 FR 3281
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From:
Fadi Kassem
Organization(s):
Comment No:
2341
Date:
1/21/2010
Comment Text:
i0-001
COMMENT
CL-02341
From:
Sent:
To:
Subject:
fadi kassem
Thursday, January 21, 2010 10:54 PM
secretary
Leverage Proposal
Dear Secretary,
Please, proceed with the changes to limit leverage in such accounts such as Forex and others. I have been devastated
financially when I started trading on Forex with 100:1 Leverage. Upon request, they increased to 200:1 leverage. I was not
aware of my personal weaknesses and traded for well over a 1 year. I lost over $100K. I strongly support limiting leverage
to insure no one like has to go through the pain and sufferings that I went through.
