Comment Text:
i0-001
COMMENT
CL-02732
From:
Sent:
To:
Subject:
Dennis Strydom
Friday, January 22, 2010 1:55 PM
secretary
Gentlemen/Ladies
As many of you are aware, the U.S. Commodity Futures Trading Commission
(CFTC) announced on January 13, 2010 that it is seekingpubfic comment on
proposed regulations concerning retail Forex trading.
As part of the proposed regulations, it is stated." "leverage in retail forex
customer accounts" would be subject to a l O-to-1 fimitation, "which means 10:1
leverage wouM be the maximum amount allowed for all Forex traders in the U.S.
Pubfic comment: This is not acceptable for the general Forex trading pubfic, what is the reason behind
this. ?
Regrads
Dennis Strydom
South Africa
