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Comment for Proposed Rule 75 FR 3281

  • From: Paul
    Organization(s):

    Comment No: 7697
    Date: 3/15/2010

    Comment Text:

    i0-001
    COMMENT
    CL-07697
    From:
    Sent:
    To:
    Cc:
    Subject:
    [email protected]
    Monday, March 15, 2010 5:38 PM
    secretary
    [email protected]
    Regulation of Retail Forex
    Dear Secretary (CFTC),
    Regarding RIN 3038-AC61, I vehemently oppose changing the setting of leverage in the retail currency markets from the
    current 100:1 to 10:1. The currency market is the world's largest market by far, and the move would stifle the world cm~:ency
    market activities for sophisticated investors like those who actively participate in such market.
    Kind regards,
    Paul