Comment Text:
i0-001
COMMENT
CL-02516
From:
Sent:
To:
Subject:
Duran, Mark
Friday, January 22, 2010 8:41 AM
secretary
"Regulation of Retail Forex"
I am a Forex trader and I prefer and feel more comfortable entering my transactions through a US
firm such as MBTrading. Ichosethem because of the regulations they were under with theCFTC
and their reputation as a fair an honest Forex trading company.
However, I understand that you are proposing changes that would radically lower Forex leverage
from 100:1 to 10:1 for all NFAand CFTC regulated Forexfirms. With those changes I would no
longer be able to sustain a profit trading with MBTrading and you would force me to find an
overseas Forex trading firm.
I am not in favor of this proposed change and strongly advise you to reconsider.
Sincerely,
Mark Duran
440-308-3080
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