Comment Text:
i0-001
COMMENT
CL-01815
From:
Sent:
To:
Subject:
[email protected]
Thursday, January 21, 2010 12:41 PM
secretary
Regulation of Retail Forex
To VVhom It May Concern:
I would like to voice my opposition to the recent CFTC rule proposal that would change Forex
leverage to 10:1. As a Forex trader this would definitely impact my trading strategy and
capabilities, and force me to open an account overseas where I have better options for me as
a Forex trader. I think this decision would put a nail in the coffin for all US Forex Brokers and
force all Retail Forex traders in the US to move their money overseas to more unregulated
brokers. Does the CFTC really want that to happen? I don't see any logic in this decision.
Please reconsider.
Thanks for your time.
Regards,
Robert Harris
