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Comment for Proposed Rule 75 FR 3281

  • From: Steven A Brown
    Organization(s):

    Comment No: 4191
    Date: 1/26/2010

    Comment Text:

    io-ooi
    COMMENT
    CL-04191
    From:
    Sent:
    To:
    Subject:
    Steven Brown
    Tuesday, January 26, 2010 11:21 PM
    secretary
    Regulation of Retail Forex
    For me, an experienced forex trader, 10:1 leverage would be too restrictive. The forex broker I use, Oanda, allows
    50:1 maximum leverage. This is a good compromise between safety and risk. It gives the experienced trader
    freedom to trade in the manner that works best, while imposing a reasonable limit on risk for all traders.
    Steven A. Brown
    Laurel Lake, Commercial Twp.
    Cumberland County, NJ