Comment Text:
io-ooi
COMMENT
CL-02864
From:
Sent:
To:
Subject:
Chris Romano
Friday, January 22, 2010 4:46 PM
secretary
Regulation of Retail Forex
To whom it may concern.
I have seen the proposal by the CFTC to reduce leverage to a maximum of 10:1 for retail forex trading
accounts. Should this rule take effect, I will gladly close out of my account with my U.S. based trading
platform and move it to an overseas company. I am glad that a FOREIGN company will be willing to
get my business and that FOREIGN company will extend me the leverage that 1 want in order to trade
the FX market. I am also glad that a FOREIGN FX worker will have a job due to my trading activity. I
am also glad that that FOREIGN worker will be paying taxes that they earned from that job to their
government. I am also glad that the FOREIGN company will be able to make a profit.
Keep up the good work!
Sincerely
Chris Romano
