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Comment for Proposed Rule 75 FR 3281

  • From: Mathew Andresen
    Organization(s):

    Comment No: 7357
    Date: 3/13/2010

    Comment Text:

    i0-001
    COMMENT
    CL-07357
    From:
    Sent:
    To:
    Cc:
    Subject:
    Mathew
    Saturday, March 13, 2010 2:57 PM
    secretary
    [email protected]
    proposed changes to leverage for currency trading
    Hi,
    I believe the proposed changes to leverage are to low. It is true that extra leverage can increase risk, but it also
    allows for greater flexibility when trading (for example the ability to increase size on high probability trades). A
    more reasonable limit would be 50-100x.
    Thanks,
    Mathew Andresen, CPA