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Comment for Proposed Rule 75 FR 3281

  • From: Billy J Rachman
    Organization(s):

    Comment No: 7570
    Date: 3/15/2010

    Comment Text:

    i0-001
    COMMENT
    CL-07570
    From:
    Sent:
    To:
    Cc:
    Subject:
    Billy Jayarachman
    Monday, March 15, 2010 3:15 AM
    secretary
    [email protected]
    "Regulation of Retail Forex"
    RIN 3038-AC61
    Dear Sir
    I'm
    not agree
    with the new regulation that will change from 100:1 to only 10:1 leverage. I know the reason
    behind that is good, to protect traders from loosing their money fast but It will make forex trading only available for
    medium to big traders. The higher the leverage the higher the risk. In the other hand, The higher the leverage the
    higher the profits for those who have good money management and good trading systems. Please consider it wisely.
    Warm Regards,
    Billy J Rachman