Comment Text:
i0-001
COMMENT
CL-02165
From:
Sent:
To:
Cc:
Subject:
eliza karwowski
Thursday, January 21, 2010 7:40 PM
secretary
[email protected]
Regulation of Retail Forex
Identification
# RIN 3038-AC61
TO: The U.S. Commodity Futures Trading Commission (CFTC)
RE: Comments on the proposed regulations concerning retail forex trading
Max leverage under current regulations
100:1 leverage (one percent)
1
lot (100,000)
Margin requirement: $1,000
Max leverage under proposed changes
10:1 leverage (10 percent)
1 lot (100,000)
Margin requirement: $10,000
I am absolutely and completely opposed to your proposed changes! As a forex trader, I
should have the right to choose the amount of leverage that I deem appropriate for my risk
appetite. These new regulations directly threaten my ability to make money in the forex
market.
I was upset when you changed the leverage from 200:1 to 100:1.
A further downgrade in leverge change is unacceptable!
Eliza Karwowski, MBA
Eliza.Karwowski@gmail. corn
