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Comment for Proposed Rule 75 FR 3281

  • From: Basilio Villanueva
    Organization(s):

    Comment No: 5924
    Date: 3/4/2010

    Comment Text:

    i0-001
    COMMENT
    CL-05924
    From:
    Sent:
    To:
    Subject:
    basilio villanueva
    Thursday, March 4, 2010 7:05 AM
    secretary
    Regulation of Retail Forex
    To whom it may concern, I have just learned that under new proposed regulations, the leverage might be
    capped at 10:1. I am a mini-lot trader and this would limit the amount of money that I would be able to
    trade. I am sure that you have your reasons for what you propose to do, but please understand that 10:1
    would put many of us at a great disadvantage.Please keep it at 100:1 so that we may have a better
    opportunity to make our daily goals. Basilio Villanueva