Comment Text:
i0-001
COMMENT
CL-01094
From:
Sent:
To:
Subject:
[email protected]
Wednesday, January 20, 2010 6:35 PM
secretary
Regulation of Retail Forex
I vehemently appose moving leverage to 10:1. Leverage is a wonderful tool if used appropriately.
Mandating those of us who know how to use it to NOT be able to use it is just wrong.
Don't you realize that this will kill all US brokers and all forex customers and tax revenues will just go
overseas? Not to mention the j obs losses in an already hard economy. The USA could sure use the
money these days.
Assuming my vote here counts. I think this nation is still a democracy. Where did the people vote to
move leverage down?
Drew Izzo
Park City Utah
