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Comment for Proposed Rule 75 FR 3281

  • From: Gerhardt Van Zyl
    Organization(s):

    Comment No: 7571
    Date: 3/15/2010

    Comment Text:

    i0-001
    COMMENT
    CL-07571
    From:
    Sent:
    To:
    Cc:
    Subject:
    Gerhardt van Zyl
    Monday, March 15, 2010 3:15 AM
    secretary
    [email protected]
    'Regulation of Retail Forex'
    RIN 3038-AC61
    I would hereby like to object to the reduction of leverage proposed in retail forex.
    I have been trading retail forex for 5 years and believe that a 200:1 ratio is fair.
    By limiting the ratio to 10:1 American brokers are going to loose a lot of money, which will affect the us economy in a negative
    manner.
    Regards
    Gerhardt van Zyl
    FXDD customer.