Comment for Proposed Rule 75 FR 3281
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From:
Mohammad Nasir Khan
Organization(s):
Comment No:
2657
Date:
1/22/2010
Comment Text:
i0-001
COMMENT
CL-02657
From:
Sent:
To:
Subject:
Nasir Khan Mohammad
Friday, January 22, 2010 11:39 AM
secretary
Regulations concerning retail forex trading
Hi,
I want to voice concern about the proposed regulations regarding retail fores trading which
involves limiting the leverage to 10: 1.
I think this is bad idea which will discourage thousands of U.S. forex traders including me. Traders
might take their money out of the U.S. trading companies and invest outside of U.S. which is bad
for the country.
I do agree that 200:1 leverage is very risky and should not allow but 100:1 leverage is
appropriate.
Thank You!
Nasir Khan
