Comment Text:
i0-001
COMMENT
CL-02033
From:
Sent:
To:
Subject:
William Munden
Thursday, January 21, 2010 5:41 PM
secretary
Regulation of Retail Forex
To whom it may concern, ! am taking time to write this note in
reference to lowering the leverage amount on the Forex Currency
Market from 100:1 to 10:1. This would drastically effect the ability
for traders throughout the United States to be able to compete with
investors from all over the globe. Regulation and oversight are good
but what ! don't understand is why regulation and oversight, meant to
help the small guy end up doing just the opposite as is the case with
what is proposed in the leverage reduction! So oversee fairness! by
leaving the leverage amounts at 100:1 and truly make it fair for
everyone! There has to be a point where someone actually does try to
look out for the small guy!
Thank you,
William Munden (Arizona)
