Font Size: AAA // Print // Bookmark

Comment for Proposed Rule 75 FR 3281

  • From: Steve Osborne
    Organization(s):

    Comment No: 8553
    Date: 3/18/2010

    Comment Text:

    i0-001
    COMMENT
    CL-08553
    From:
    Sent:
    To:
    Subject:
    Steve Osborne
    Thursday, March 18, 2010 9:16 PM
    secretary
    Regulation of Retail Forex
    I call on the CFTC (Commodity Futures Trading Commission) to reassess the proposed maximum
    allowed leverage put forward with RIN 3038-AC61. We traders, Forex professionals and people
    employed in the Forex industry will lose our income if this regulation is passed. 10:1 leverage is
    unreasonable and uncalled for. We ask that the maximum leverage remain at 100:1.
    Thank you,
    Steve Osborne