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Comment for Proposed Rule 75 FR 3281

  • From: Brad Bederman
    Organization(s):
    GTN Technical Staffing

    Comment No: 5502
    Date: 2/22/2010

    Comment Text:

    i0-001
    COMMENT
    CL-05502
    From:
    Sent:
    To:
    Subject:
    Attach:
    Brad Bederman
    Monday, February 22, 2010 1:50 PM
    secretary
    Regulation of Retail Forex
    Brad Bederman.vcf
    Dear Mr.Stawick,
    I
    believe that each Foreign Exchange trader should have the right to choose the amount of leverage that is
    appropriate for his/her risk appetite, and that this basic principle of 'choice' is being threatened by the
    proposed CFTC regulations. Therefore I am againstproposed regulations stating that leverage in "retail
    forex customer accounts would be subject to a 10-to-1 limitation" ( identification number RIN 3038-AC61 ).
    Thanks!
    Brad Bederman
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