Comment Text:
i0-001
COMMENT
CL-02139
From:
Sent:
To:
Subject:
Ray Grizzel
Thursday, January 21, 2010 7:29 PM
secretary
Regulation of Retail Forex
! believe the proposed regulation to limit the leverage and the choices of investors is not a
good idea. The RIN 3038-AC61 consideration is not well thought out.
Recently there was a change to the 200:1 leverage that was once available. As a result those
investors simply moved their accounts to companies outside the United States who did not
have these limitations.
This will seriously hurt small investors in the Forex market and drive customers to
companies outside the United States.
Is this a good idea at this economic time?
Why is this even being considered?
Thank you for your attention to this matter,
Ray Grizzel
