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Comment for Proposed Rule 75 FR 3281

  • From: Adam J Cox
    Organization(s):

    Comment No: 5823
    Date: 3/3/2010

    Comment Text:

    i0-001
    COMMENT
    CL-05823
    From:
    Sent:
    To:
    Subject:
    aj [email protected]
    Wednesday, March 3, 2010 9:47 PM
    secretary
    regulation of retail forex
    In regards to the proposed leverage adjustments from 100:1 to 10:1. I am
    opposed to these adjustments for 2 reasons:
    1 The idea of using 100:1 or similar high leverages is a reason I chose to
    start trading intially. Using 10:1 leverage would garner less attention
    from potential clients.
    2 Using a such a small leverage would require me to risk more money to
    make the same profit.
    A simple solution, why not let people choose anywhere from 10-100?
    -Amature Trader,
    Adam Cox