Comment for Proposed Rule 75 FR 3281
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From:
Michael E Gaudio
Organization(s):
Comment No:
3057
Date:
1/22/2010
Comment Text:
i0-001
COMMENT
CL-03057
From:
Sent:
To:
Subject:
[email protected]
Friday, January 22, 2010 10:33 PM
secretary
Regulation of Retail Forex
Dear Sir or Madam:
I strongly oppose the regulation being considered to lower Forex leverage from 100:1 to 10:1
for all NFA and CFTC regulated Forex firms. Such a regulation would clearly disadvantage
firms in the United States and, ultimately, the individual traders. I would sincerely appreciate
your leaving leverage levels for the Forex market at 100:1.
Thank you for your consideration in this matter.
Sincerely,
Michael E. Gaudio, Esq.
