Comment Text:
i0-001
COIMMENT
CL-02656
From:
Sent:
To:
Subject:
Leslie Green
Friday, January 22, 2010 11:38 AM
secretary
Industry Filings: Comments on Industry Submissions
http ://www.cftc.gov /newsroom/generalpressreleases/2010/pr5 7 7 2-10.html
Release: 5772-10
For Release: January 13, 2010
CFTC Seeks Public Comment on Proposed
Regulations Regarding Retail FOREX
Transactions
"Leverage in retail forex customer accounts would be subject to a 10-to-1 limitation"
This rule would be a severe handicap for retail customers like me and would unnecessarily prevent small account
holders from trading. I currently have my leverage set to 500:1. This in no way increases my risk, it just gives me
greater flexibility and allows me to have more positions open at a time.
Leslie Green CEng MIEE
30 High Street
Didcot
Oxfordshire
OX11 8EG
United Kingdom
[email protected]
www.logbook.freeserve.co.uk
