Font Size: AAA // Print // Bookmark

Comment for Proposed Rule 75 FR 3281

  • From: Harvey Ackermann
    Organization(s):

    Comment No: 3579
    Date: 1/24/2010

    Comment Text:

    10-001
    COMMENT
    CL-03579
    From:
    Sent:
    To:
    Subject:
    Harvey Ackermann
    Sunday, January 24, 2010 5:32 PM
    secretary
    Proposed Rules Regarding Forex
    Mr. Secretary,
    I am against changing the current leverage amounts for spot traders in the Forex markets. Doing so
    unduly burdens a trader with higher risk and less return per trade. Implementing the proposed changes
    will force me and other small traders out of this market.
    I urge you to reconsider these new rules and allow the current 100:1 leverage ratio unchanged.
    Sincerely,
    Harvey Ackermann
    Forex Trader