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Comment for Proposed Rule 75 FR 3281

  • From: Karim Gamal
    Organization(s):

    Comment No: 6553
    Date: 3/8/2010

    Comment Text:

    i0-001
    COMMENT
    CL-06553
    From:
    Sent:
    To:
    Subject:
    Kareem Gamal
    Monday, March 8, 2010 3:58 PM
    secretary
    Regulation of Retail Forex
    ToSecretary of the Commission
    I believe that, with proper education, it is not necessary for the U.S. Forex industry to be subject to these
    regulations. Only recently have the doors opened for retail investors to trade in this market; these doors are
    effectively closed through the proposed rules, once again making the FX market accessible only to financial
    institutions
    So I want to ask you to keep the 100:1 leverage, or else the retail traiders as my self will not stand a chance.
    Thanks
    Best regards
    Karim Gamal