Comment Text:
i0-001
COMMENT
CL-01292
From:
Sent:
To:
Subject:
John Webb
Wednesday, January 20, 2010 10:19 PM
secretary
Regulation of Retail Forex -Public Comment
RIN 3038-AC61
Dear Sirs:
You are seeking public comment on proposed regulations concerning retail Forex trading.
I strongly oppose that leverage in retail forex customer accounts be subjected to a 10-to-1
limitation.
It is my strong belief that I should have the freedom and right to choose the amount of
leverage that is appropriate for my individual desired risk, and that this basic principle of
'choice' is in jeopardy by the proposed CFTC regulations!
I feel strongly about the proposal and that is the reason I am writing you today so that you
will not implement any regulation that would encumber my rights to choose the leverage
that I see fit.
Sincerely,
John Webb
