Comment Text:
i0-001
COMMENT
CL-02531
From:
Sent:
To:
Subject:
richard micheals
Friday, January 22, 2010 9:02 AM
secretary < secreta ry@ C FTC. g ov >
Regulation of Retail Forex"
to whom it may concern,
richard walsh
boca raton FL
561-350-8662
[email protected]
I have been trading 4x for 5 years and enjoying supplementing my retirement, averaging $200 per month.
I live on a very small income and the years of learning the 4x trade have kept me alert and keyed into the world
economies.
I can not and will be unable to maintain a 4x account with the new leverage proposal of 10:1. why not allow the
individual trader to choose the leverage from 10;1 TO 100:1 based on their individual risk appetite and disposable
risk monies.
most traders will move to offshore accts
are you trying to close out the small traders in the US?
richard
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