Font Size: AAA // Print // Bookmark

Comment for Proposed Rule 75 FR 3281

  • From: Hugh Walker
    Organization(s):

    Comment No: 7001
    Date: 3/12/2010

    Comment Text:

    i0-001
    COMMENT
    CL-07001
    From:
    Sent:
    To:
    Cc:
    Subject:
    Hugh Walker
    Friday, March 12, 2010 8:39 PM
    secretary
    [email protected]
    Regulation of Retail Forex
    RIN 3038-AC61
    Dear Sir or Madam
    I would like you to please reconsider the new proposal to change the maximum leverage from 100 to 1, to 10 to 1,
    as I would consider this unfair to the smaller investor which would pretty much deprive him from the opportunity of
    improving his financial situation and would likely drive him to move his money to an other country where he would
    be allowed his preferred leverage.
    Sincerely
    Hugh Walker