Comment Text:
i0-001
COMMENT
CL-03022
From:
Sent:
To:
Subject:
Zenon Slotwinski
Friday, January 22, 2010 9:01 PM
secretary
Proposed Forex Regulation
Dear
Sir / Madam
The proposed 10-1 limitation noted below will not reduce risk to retail traders like me. It will actually increase risk!
Please do not pass the regulation
Regards -Zenon Slotwinski, Sydney
Here's an excerpt...
As many of you are aware, the U.S. Commodity Futures Trading Commission
(CFTC) announced on January 13, 2010 that it is seeking pubBc comment on
proposed regulations concerning retail Forex trading.
As part of the proposed regulations, it is stated." "leverage in retail forex
customer accounts wouM be subject to a l O-to-1 #mitation, "which means 10:1
leverage wouM be the maximum amount allowed for all Forex traders in the U.S.
