Comment Text:
i0-001
COMMENT
CL-01075
From:
Sent:
To:
Subject:
Wayne Northcutt
Wednesday, January 20, 2010 5:41 PM
secretary
Regulation of Retail Forex
After reading the proposed legislation authored by the CFTC I must say I am stronly opposed to it. As a
retail forex day trader I rely on the leverage in order to produce sufficient returns to make trading
profitable. I don't have tens of thousands of dollars to put into a forex account for margin. Please don't
punish the little guys by making it harder to trade in this once "banker's only" market. Please keep the
leverage at the current standard rate of 100:1.
Wayne Northcutt
10639 Caminito Chueco
San Diego, CA 92126
858-610-3514
[email protected]
