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Comment for Proposed Rule 75 FR 3281

  • From: Ali Hayawi
    Organization(s):

    Comment No: 5111
    Date: 2/7/2010

    Comment Text:

    i0-001
    COMMENT
    CL-05111
    From:
    Sent:
    To:
    Subject:
    Ali Hayawi
    Sunday, February 7, 2010 10:00 AM
    secretary
    Regulation
    Hi,
    I think such proposed regulation will damage Forex industry completely in USA and most of forex
    traders(including me) will transfer their investment to UK and Swiss.There is one fact you should think
    about it before implementing such regulation that the forex trader take the high risk associated with
    forex trading just because its high leverage.So if you put such limitations in the leverage why I should
    continue in forex trading and not go to less risky tools trading tools with leverage not too much different
    from forex.
    Thank you.
    Ali Hayawi
    FXCM customer