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Comment for Proposed Rule 75 FR 3281

  • From: Adnan A
    Organization(s):

    Comment No: 6705
    Date: 3/9/2010

    Comment Text:

    i0-001
    COMMENT
    CL-06705
    From:
    Sent:
    To:
    Subject:
    Adnan A
    Tuesday, March 9, 2010 10:33 PM
    secretary < secretary@ C FTC. g ov >
    'Regulation of Retail Forex
    Dear CFTC,
    I just wanted to express my concerns regarding the proposed regulations to reduce the current
    leverage available to forex traders from 100:1 to 10:1
    I personally think that you will lose a lot of income as most traders will most likely take their
    business to foreign countries. I'm already a foreign investor in the US and I for sure will take my
    business else-where if or when you do implement the change.
    thx
    Adnan
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