Font Size: AAA // Print // Bookmark

Comment for Proposed Rule 75 FR 3281

  • From: Robert Dobres
    Organization(s):

    Comment No: 6004
    Date: 3/4/2010

    Comment Text:

    i0-001
    COMMENT
    CL-06004
    From:
    Sent:
    To:
    Subject:
    [email protected]
    Thursday, March 4, 2010 12:51 PM
    secretary
    Regulation of Retail Forex
    I am writing to voice my concern over a proposal to reduce the allowed
    leverage amount from the current 100:1 to 10:1. By doing so, you will
    simply be pricing the small investors out of the market. As a member
    of the voting public, I strongly oppose a move to slash the allowed
    leverage from 100:1 to 10:1. Such a move is not in the interest of the
    market nor the small investor.
    Regards,
    Robert Dobres
    Nutley, NJ