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Comment for Proposed Rule 75 FR 3281

  • From: Viet Nguyen
    Organization(s):

    Comment No: 4470
    Date: 1/29/2010

    Comment Text:

    i0-001
    COMMENT
    CL-04470
    From:
    Sent:
    To:
    Subject:
    Viet Nguyen
    Friday, January 29, 2010 6:02 PM
    secretary
    Regulation of Retail Forex
    RIN 3038-AC61, I do not agree with 10 to 1 leverage. I am a new trader with small capital and
    plan on building slowly. With 10 to 1, I will not have any flexibility in my trades and all in all
    hurts the small player. I used to have 400:1 margin..to go down to 10:1 is outrageous.
    Thanks
    Viet