Comment Text:
i0-001
COMMENT
CL-08802
From:
Sent:
To:
Subject:
David Moises Fajardo Zerpa
Sunday, March 21, 2010 10:45 PM
secretary
'Regulation of Retail Forex'
RIN 3038-AC61
Dear CFTC,
I am writing to you to voice my opinion regarding the new proposed margin/leverage
requirements for the retail forex trader.
I
believe the 10:1 proposed change is EXCESSIVE AND
ELIMINATES MUCH OF THE OPPORTUNITY FOR 'ME' retail trader.
The retail trader that trades FOREX in my opinion is an informed investor trader that should be
able to take advantage of the leverage the business allows, in this case 100:1
I believe as a retail trader I should be able to take advantage of leverage and not have legislation
tell me what type of risk or leverage I should take on.
Thanks
