Font Size: AAA // Print // Bookmark

Comment for Proposed Rule 75 FR 3281

  • From: Fahad A Rahman
    Organization(s):

    Comment No: 8232
    Date: 3/17/2010

    Comment Text:

    i0-001
    COMMENT
    CL-08232
    From:
    Sent:
    To:
    Subject:
    Fahad Abidur Rahman
    Wednesday, March 17, 2010 5:16 PM
    secreta ry < secreta ry@ C FTC. g ov >
    Regulation of Retail Forex
    Identification Number: RIN 3038-AC61
    Dear Sir,
    To be honest, I really don't like what I've been hearing. 1:10 leverage? That's going to blow up my
    account due to smaller margin availability. If that is what's going to happen, I'll have no option but
    to move to a broker in UK or Switzerland where I'll get a leverage of at least 1:100.
    My request to you is not to change 1:100 leverage to 1:10 since 1:100 is already too less but
    acceptable.
    Sincerely yours,
    Abidur Rahman
    Hotmail is redefining busy with tools for the New Busy. Get more from your inbox.
    Sign up now.