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Comment for Proposed Rule 75 FR 3281

  • From: Ruben M Duarte
    Organization(s):

    Comment No: 4702
    Date: 2/1/2010

    Comment Text:

    i0-001
    COMMENT
    CL-04702
    From:
    Sent:
    To:
    Subject:
    Ruben Mendoza
    Monday, February 1, 2010 12:19 AM
    secretary < secretary@ C FTC. g ov >
    Regulation of retail Forex
    I oppose The CFTC regulation proposal to reduce retail Forex Leverage from 100:1 to 10:1.
    the rich Forex participants do not need leverage,but we, the general public indeed need it. Limiting
    it further is discriminatory on us and will make Forex available only to the big banks and financial
    institutions like before.
    Thank you.
    Mr. Ruben Mendoza Duarte.
    Retail forex Customer (mini account) (US based broker).
    Hotmail: Free, trusted and rich email service.
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