Comment for Proposed Rule 75 FR 3281
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From:
Ali N
Organization(s):
Comment No:
3049
Date:
1/22/2010
Comment Text:
i0-001
COMMENT
CL-03049
From:
Sent:
To:
Subject:
ali n
Friday, January 22, 2010 10:14 PM
secretary
Regulation of Retail Forex RIN 3038-AC61
Hello, I would like to let you know the new rule about 10:1 leverage is not a good idea.im making money right
now at least enough money to make a living out of forex and if you change the leverage to 10:1 you will stop me
from making money.i will gladly take my ~200,000 out of USA and into Swiss broker. But with doing this you will
killing the retail forex in USA and cost some people to lose their job as well. Another thing is why do you guys
have to decide for other people how to manage their money.with changing the leverage from 100 to 1 down to
10:1 you won't help anyone and just causing more damage since you will stop other people from making a living.
Thanks
