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Comment for Proposed Rule 75 FR 3281

  • From: Daniel Fernandez
    Organization(s):

    Comment No: 3812
    Date: 1/25/2010

    Comment Text:

    i0-001
    COMMENT
    CL-03812
    From:
    Sent:
    To:
    Subject:
    Daniel Fernandez
    Monday, January 25, 2010 3:54 PM
    secretary
    New regulation in Forex
    Dear Secretary of the CFTC,
    This email is to give you my feedback on the proposed regulation as a Forex trader. The
    intention to decrease the leverage from 1/100 to 1/10 will be totally detrimental to my
    trading activities and I am personally against the change in the leverage for trading forex. If
    this becomes a rule I will have no other choice than finding a different market like the
    European that allow me to trade on different leverages.
    Thank you