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Comment for Proposed Rule 75 FR 3281

  • From: Francisco Leite
    Organization(s):

    Comment No: 7383
    Date: 3/13/2010

    Comment Text:

    i0-001
    COMMENT
    CL-07383
    From:
    Sent:
    To:
    Subject:
    Francisco Leite
    Saturday, March 13, 2010 6:12 PM
    secreta ry < secreta ry@ C FTC. g ov >
    Opinion on 10:1 leverage
    By been a regular investor en the forex market, my opinion is :
    1- If you regulate 10:1 leverage, will take away the oportunity for the small investor.
    2-If you regulate 10:1 leverage YOU will be forcing the U.S. American investor to seek
    forex market offshore where there is NO regulations.
    3- Why not regulate BROCKERS to give options of leverage like example: 400:1, 200:1 , 100:
    50:1, 10:1 and 1:1 ,and in BIG LE-I-I-ERS explaining the risks associated, so each
    investor would choose their own appetite for leverage and risk. After all , we are adults
    responsible
    for our own decisions.
    4- Let us keep the American Dollar IN AMERICA ,givethe small investor A CHANCE .....
    GOD BLESS AMERICA
    IN GOD WE THRUST.
    P.S. I invest with AMERICAN BROCKERS, but, that could change! ......
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