Font Size: AAA // Print // Bookmark

Comment for Proposed Rule 75 FR 3281

  • From: Roger Bloom
    Organization(s):

    Comment No: 5733
    Date: 3/3/2010

    Comment Text:

    i0-001
    COMMENT
    CL-05733
    From:
    Sent:
    To:
    Subject:
    Roger Bloom
    Wednesday, March 3, 2010 7:22 PM
    secretary
    Regulation of Retail Forex
    Dear Sir:
    I am a retail forex customer, and feel that 1:10 leverage is a little bit too restrictive. It does not allow
    the small time trader like me with less than $10,000 to ever have a large profit. Perhaps somewhere
    between current rules and the new proposed rule would strike some sort of balance. It is the big players
    who distort the market. Perhaps a sliding scale would work equitably.
    Thank You,
    Roger Bloom