Comment Text:
i0-001
COMMENT
CL-02525
From:
Sent:
To:
Subject:
robert szpak
Friday, January 22, 2010 8:54 AM
secretary
Regulation of Retail Forex/RIN 3038-AC61
Dear Secretary,
Please do not take away the choice that retail Forex traders have with regards to leverage. Having the
ability to choose leverage whether it's 10/1,100/1, 50/1, 20/1 is evident proof that we truly live in a free
society. Limiting the freedom that we have will only make our country weaker in all aspects, but
especially financially. As you may well know, thousands of people trade Forex retail to supplement their
income or it is entirely their income. Limiting the ability of these Forex Retail Traders, as I am myself,
will negatively impact each and everyones lives, but as well as our overall economy. There are many
Forex Brokerage Firms as well that would probably have to go out of business with leverage of 10/1,
and this would only add to our dire unemployment.
I hope in my heart that the CFTC will leave the leverage as it is 100/1, which truly allows free choice
for all Americans.
Sincerely,
Robert A. Szpak
