Comment Text:
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COMMENT
CL-01930
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Sent:
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Subject:
David
Thursday, January 21, 2010 3:19 PM
secretary
Regulation of Retail Forex
The passage of the proposed new leverage rules would be unfortunate. There are many successful short
term forex traders who use greater than l10 leverage. Additionally, as I'm sure you have already heard
from every US broker, passing these new rules would mean the loss of US business and jobs to overseas
brokers. In short: the rules are a bad idea, please stop over-regulating the US forex market.
Regards,
David
