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
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