Font Size: AAA // Print // Bookmark

Comment for Proposed Rule 75 FR 3281

  • From: Gene Fritts
    Organization(s):

    Comment No: 4938
    Date: 2/4/2010

    Comment Text:

    i0-001
    COMMENT
    CL-04938
    From:
    Sent:
    To:
    Subject:
    Gene
    Thursday, February 4, 2010 7:21 AM
    secretary
    "Regulation of Retail Forex"
    Dear Secretary,
    I think that reducing the leverage to 10:1 for retail forex is a bad move
    and is picking on the small trader.
    Retail forex is a small market and leverage around twenty or fifty to one is
    more appropriate and in line with
    margins on futures.
    Sincerely,
    Gene Fritts