Comment Text:
i0-001
COMMENT
CL-02319
From:
Sent:
To:
Subject:
Jed Stewart
Thursday, January 21, 2010 10:12 PM
secretary
Regulation of Retail Forex
RE: RIN 3038-AC61
Dear Mr. Secretary,
I'm curious about why it's your business to set my leverage limits. I understand that part of your proposed
regulations includes, "... leverage in retail forex customer accounts would be subject to a 10-to-1 limitation .... "
Can you explain why the CFTC feels that it must decide this for me? I am an adult with freedom to choose my
own level of risk. I usually don't leverage more than 10 to 1, but on occasion, I do, and would like to continue to
do so as I please as a free citizen of this great country. Please don't make proposals such as this; decisions like
these should be left to the individual.
I await your reply to my question about why your organization would propose these limitations on my ability to
trade my account they way I see fit.
Warmest Regards,
Jed Stewart
[email protected]
Cell 832-477-0344
