Comment Text:
i0-001
COMMENT
CL-01034
From:
Sent:
To:
Subject:
E. Rick Arroyave
Wednesday, January 20, 2010 4:34 PM
secretary
Regulation of Retail Forex
Identification number RIN 3038-AC61
David Stawick, Secretary
Commodity Futures Trading Commission
1155 21st Street, N.W.,
Washington, DC 20581
Mr. Secretary,
I would like to express my disagreement with the proposed changes to
leverage in the accounts. I believe that 100:1 should be maintained
as otherwise this market will be taken away from the normal retail
investor such as myself. I do not believe that making this change is
going to change the fundamentals behind what may be perceived as being
wrong with the spot FX market. I do believe that brokers need to be
regulated but do not agree with the limitations that would be imposed
on the retail investor.
Thanks!
E. Rick Arroyave
Tel +1-972-999-0313
enrique, arroy [email protected]
