Comment for Proposed Rule 75 FR 3281
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From:
Jesse Kegg
Organization(s):
Comment No:
2634
Date:
1/22/2010
Comment Text:
i0-001
COMMENT
CL-02634
From:
Sent:
To:
Subject:
Jesse Kegg
Friday, January 22, 2010 11:07 AM
secretary
forex
As many of you are aware, the U.S. Commodity Futures Trading Commission (CFTC) announced on January 13, 2010 that it is
seeking public comment on proposed regulations concerning retail Forex trading. As part of the proposed regulations, it is
stated." "leverage in retail forex customer accounts would be subject to a 104o-1 limitation," which means 10.'1 leverage would
be the maximum amount allowed for all Forex traders in the U.S.
That is quite unfair to those of us who don't have that kind of money, yet are trying to earn money trading. Please don't change
the leverage to 10:1. Then only the big boys can play. I thought america was a land of opportunity. It seems more and money
it's a land of opportuniVy onbr if you have the $$$.
Regards,
Jesse