Font Size: AAA // Print // Bookmark

Comment for Proposed Rule 75 FR 3281

Note:
If you experience an issue clicking on the "View Comments", the "Submit Comments", or any other buttons, please clear the cache in your browser and refresh the page. In Chrome or Edge, you may refresh the cache by holding down the ctrl key and clicking the F5 button.

  • From: Leslie Green
    Organization(s):

    Comment No: 2656
    Date: 1/22/2010

    Comment Text:

    i0-001
    COIMMENT
    CL-02656
    From:
    Sent:
    To:
    Subject:
    Leslie Green
    Friday, January 22, 2010 11:38 AM
    secretary
    Industry Filings: Comments on Industry Submissions
    http ://www.cftc.gov /newsroom/generalpressreleases/2010/pr5 7 7 2-10.html
    Release: 5772-10
    For Release: January 13, 2010
    CFTC Seeks Public Comment on Proposed
    Regulations Regarding Retail FOREX
    Transactions
    "Leverage in retail forex customer accounts would be subject to a 10-to-1 limitation"
    This rule would be a severe handicap for retail customers like me and would unnecessarily prevent small account
    holders from trading. I currently have my leverage set to 500:1. This in no way increases my risk, it just gives me
    greater flexibility and allows me to have more positions open at a time.
    Leslie Green CEng MIEE
    30 High Street
    Didcot
    Oxfordshire
    OX11 8EG
    United Kingdom
    [email protected]
    www.logbook.freeserve.co.uk