Comment Text:
i0-001
COMMENT
CL-02068
From:
Sent:
To:
Subject:
Matthew Zaler
Thursday, January 21, 2010 6:19 PM
secretary
Regulation of Retail Forex
R1N 3038-AC61
Hello,
I am pleased with most of the regulations the CFTC intends to impose on forex brokers. As a trader it is
my responsibility to asses and risk associated with trading. The 10:1 proposal is absolutely absurd.
When I see ideas like this come up I ask myself "who stands to lose and who stands to gain?". Certianly
not me or anyother trader. This 10:1 idea will force many of the us brokers and traders to move of shores
and virtually kill the U. S forex market, hmmm ...... foreign interests??????
