Comment for Proposed Rule 75 FR 3281
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From:
Craig Wulff
Organization(s):
Comment No:
2554
Date:
1/22/2010
Comment Text:
i0-001
COMMENT
CL-02554
From:
Sent:
To:
Subject:
Craig
Wulff
Friday, January 22, 2010 9:38 AM
secretary
Regulation of Retail Forex
Mr. David Stawick,
I have been a retail Forex trader for the last 5 years. The decrease to 1:100 leverage was bad enough, but the proposed 1:10
leverage is an atrocity!
I have always traded with 1:200 leverage when 1:400 leverage has been available. I realize the importance of leverage and do
not want to over leverage my account.
I strongly believe that leverage is a personal decision that is best left up to the trader. Please do not initiate the RIN 3038-
AC61.
Thanks!
Craig Wulff
[email protected]
651-770-4938