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Comment for Proposed Rule 75 FR 3281

  • From: Mark Williams
    Organization(s):

    Comment No: 7583
    Date: 3/15/2010

    Comment Text:

    i0-001
    COMMENT
    CL-07583
    From:
    Sent:
    To:
    Subject:
    Mark Williams
    Monday, March 15, 2010 5:10 AM
    secretary
    Leverage for 4X market
    I have been trading the forex market for a few years now and I really cant believe that you folks want to reduce leverage to 10 to 1. By
    eliminating limit orders and stop orders you have already drove many traders to foreign brokers in other contries. The same is true for
    hedging.
    I have no idea what it is that you are trying to accomplis, but you are screwing up the American public's ability to fairly trade the market
    on a level field with the rest of the world. This is wrong and this practice should be stopped now and the other poor decisions you
    have made should be reversed.
    This is nuts
    Mark Williams
    West Jordan, Utah
    [email protected]