Font Size: AAA // Print // Bookmark

Comment for Proposed Rule 75 FR 3281

  • From: Wando Legg
    Organization(s):

    Comment No: 7490
    Date: 3/14/2010

    Comment Text:

    i0-001
    COMMENT
    CL-07490
    From:
    Sent:
    To:
    Subject:
    Wando N Kat@aol. com
    Sunday, March 14, 2010 2:45 PM
    secretary
    Regulation of Retail Forex
    I believe changing the leverage from 100:1 to 10:1 would have a negative impact on several people struggling
    to make a living in the FOREX markets. It will limit my trading. The leverage would still be 100:1 in foreign
    countries. How many US people will move their accounts to foreign broker accounts to keep the 100:1
    leverage?
    RIN 3038-AC61
    Wando Legg