Comment Text:
i0-001
COMMENT
CL-02869
From:
Sent:
To:
Subject:
Tim Black
Friday, January 22, 2010 4:50 PM
secretary
Regulation of Retail Forex
To whom it may concern,
As a retail Forex trader, it is imperative that I be allowed to leverage my account to produce the profits necessary
to continue my activity. Forcing retail Forex brokers to reduce leverage to 10:1 will effectively kill the US Forex
business. I personally, and everyone with whom I trade, will be forced to move our accounts off-shore where the
leverage exceeds even the current 100:1 allowed for US brokers so as to continue to be able to make our livings
as Forex traders.
The US economy is teetering on the edge of oblivion right now. Don't help push it over by attempting to protect
those who need no protection.
Thanks for listening,
Tim Black
[email protected]
