Comment Text:
i0-001
COMMENT
CL-02453
From:
Sent:
To:
Subject:
Selguk Dil~en
Friday, January 22, 2010 4:37 AM
secretary
Regulation of Retail Forex
Dear Sirs,
I have learnt CFTC's proposal about lowering the leverage for reatil forex accounts from 1:1 O0 to 1:10. I believe,
this will not be in favor of small investors, who try to acquire some earnings with limited investment. It will also
lead to a rush to other countries for opening such accounts and lower the transaction volume significantly.
Therefore the broker companies will also be negatively influenced from such a regulation and their contribution to
US economy will drop considerably.
I would like CFTC to withdraw its proposal on this matter.
Best Regards,
Selcuk Dilsen
