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Comment for Proposed Rule 75 FR 3281

  • From: Alan Ball
    Organization(s):

    Comment No: 7835
    Date: 3/16/2010

    Comment Text:

    i0-001
    COMMENT
    CL-07835
    From:
    Sent:
    To:
    Subject:
    [email protected]
    Tuesday, March 16, 2010 12:08 PM
    secretary
    10:1 leverage for forex
    I am adamantly opposed to the 10:1 forex leverage regulation you are attempting to mandate. I am still
    disturbed about the mandatory cap at 100:1 leverage that was just instituted. I should be able to choose my
    risk level of my own free will. This is absolute nonsense that you keep meddling with the leverage
    requirements. This 10:1 leverage mandate would force hundreds of thousands out of the forex market, thus
    closing the forex market to the big institutions once again. Again, I am adamantly opposed to the 10:1 forex
    leverage regulation.
    Alan Ball