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Comment for Proposed Rule 75 FR 3281

  • From: Vicente Cavanna
    Organization(s):

    Comment No: 6600
    Date: 3/8/2010

    Comment Text:

    i0-001
    COIMMENT
    CL-06600
    From:
    Sent:
    To:
    Subject:
    Vicente Cavanna
    Monday, March 8, 2010 7:10 PM
    secretary
    Regulation of Retail Forex
    The recent past Maximum Leverage change from 200.1 to 100.1 was very disturbing. I was seriously
    considering transferring my FOREX trades to the London Market. I did not do it to avoid undergoing the
    inconveniences of a change of markets and getting used to new trading platforms. However is the leverage is
    now further decreased I will definitely have to quit the US Forex Market and try a new one with more competitive
    leverages, or forget the Forex market altogether. I hope you desist on carrying out this further leverage reduction.
    Thank you.