Comment for Proposed Rule 75 FR 3281
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From:
Abidur Rahman
Organization(s):
Comment No:
8702
Date:
3/20/2010
Comment Text:
i0-001
COMMENT
CL-08702
From:
Sent:
To:
Subject:
Abidur Rahman
Saturday, March 20, 2010 3:38 PM
secretary
Regulation of Retail Forex
RIN 3038-AC61
Dear Sir,
I'm quite shocked hearing your proposed role of 10:1 leverage. It is going to kill our trading spirit. My request to you is not to
enforce it. I don't want to trade in the UK as I feel I'll have lesser control over my money. However, if you impose 10:1
leverage system, I'll have no other option but to move my business to the UK or somewhere else. Please think again before
mining our business.
PS. 100:1 leverage is already quite low compared to what brokers in other countries are offering but it is acceptable.
Regards,
Abidur Rahman
