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Comment for Proposed Rule 75 FR 3281

  • From: Julio J Hernandez
    Organization(s):

    Comment No: 8571
    Date: 3/19/2010

    Comment Text:

    i0-001
    COMMENT
    CL-08571
    From:
    Sent:
    To:
    Subject:
    Julio Julian Herdz Fedz
    Friday, March 19, 2010 1:47 AM
    secretary
    Regulation of Retail Forex
    R1N 3038-AC61
    Hello, I am from Mexico and I have read the posibility to decrease the amount of leverage to 10:1.
    My first thought while I was readying it was that a lot of people are going to take out their money to a foreign
    broker.
    I am planning to trade little amount of money from my parents and friends, they will put a relative small amount
    each one, but with this 10:1 leverage it is imposible to make a respectable return for them.
    I think this is a very bad news for me and my plans and probably I will think to move to a foreign broker because
    it is not posible to make a respectable return for this leverage for everybody.
    I hope this comment serves as a constructive retroalimentation.
    My best regards
    Julio Hernfindez
    iEncuentra las mejores recetas
    con Yahoo! Cocina!
    http://mx, mujer.yahoo.com/cocina/