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Comment for Proposed Rule 75 FR 3281

  • From: M Naseem
    Organization(s):

    Comment No: 7621
    Date: 3/15/2010

    Comment Text:

    i0-001
    COMMENT
    CL-07621
    From:
    Sent:
    To:
    Subject:
    mnaseem
    Monday, March 15, 2010 10:53 AM
    secretary
    'Regulation of Retail Forex'
    I strongly reject this 10 to 1 leverage.
    1. It means alarge amount of meney sitting in the account
    doing nothing.
    2. traders will simpley move their account overseas
    to get 100:1 leaverage, hemse american brokers loosing out. RIN 3038-AC61
    m naseem