Comment Text:
i0-001
COMMENT
CL-02888
From:
Sent:
To:
Subject:
sherdon mcfarlane
Friday, January 22, 2010 5:29 PM
secretary
regulation of retail forex
I strongly urge the CFTC to leave the forex market as it currently stands, i for one favor having 100-1
leverage because that is how i make my money, i trade bigger lots for less pips that way i dont have to
stay in a trade for too long. We (forex traders) know and understand risk rewards ratio that is the first
thing a forex broker explain to us before we even attemp to place a trade. So thanks-but-no-thanks
CFTC we are not dumb we all understand how the market works, something tells me this new potential
move you guys have up your sleeve is not about protecting us traders but is about some shady politician
wanting to get their cut. Noooo!!!!!!! do not regulate the market to 10-1 leverage please leave it the
way it is do not take money out of my pocket my family depends on my forex income.
