Seems that FINRA is serious about reducing leverage for retail forex brokers all the way down to 1.5:1! In January they proposed the rule, and received 108 comments (107 of which were AGAINST the proposal). Now they have filed the rule and are awaiting approval: http://www.finra.org/Industry/Regulation/RuleFilings/2009/P118864 This is ridiculous. Does anyone else think so? Under this proposed rule, you would need to put up $66,666 to trade a single $100k lot! Unfortunately, my broker of choice IB, for which I spent the whole of last year developing my autotrading platform, is regulated by FINRA. I just hope that if this rule is actually approved, that IB is able to quickly spin off their Forex biz into another entity that comes under NFA regulation, instead of FINRA.