Font Size: AAA // Print // Bookmark

Comment for Proposed Rule 75 FR 3281

  • From: Jose Argentina
    Organization(s):

    Comment No: 7010
    Date: 3/12/2010

    Comment Text:

    i0-001
    COMMENT
    CL-07010
    From:
    Sent:
    To:
    Subject:
    jose maria vilaseca
    Friday, March 12, 2010 8" 53 PM
    secreta ry < secreta ry@ C FTC. g ov >
    10:1 leverage maximum amount
    SresCFTC:
    I address you with the utmost respect in order to comment on the proposed rules
    concerning operations of retail Forex. In my opinion, the "influence in the retail forex customer
    accounts subject to a 10-to-1 leverage does not solve anything, even not for profit.
    If such restriction applies, who are determined to operate, look for a forex outside your country. If
    the measure is to protect the merchant for injection can lead to losses that the forex, it is
    reasonable to limit the leverage at an appropriate level that does not impede operations in forex
    trading. For example if you can not be subject to 100-to-1 to leave subject to 50-to-1. This moo so
    you protect your own forex industry and not give away the competition, do not believe that
    correct?
    Best regards
    JOSE
    ARGENTINA
    ~Sabes que la Videollamada de Messenger es GRATIS iDescObrela!