Comment Text:
i0-001
COMMENT
CL-03216
From:
Sent:
To:
Subject:
J Media
Saturday, January 23, 2010 10:58 AM
secreta ry < secreta ry@ C FTC. g ov >
Regulation of Retail Forex
REF: RIN 3038-AC61
I would like to express my opposition to the proposal for 10:1 leverage limits on forex trading.
Right now this is my only source of extra income because I can start with as little as $100. Under
the new proposal I would need at least $1000 to make the same amount. I don't want to increase
my risk as this would essentially do. It will drive many retail traders that don't want to speculate
with a lot of money to unregulated and offshore brokers. I don't think this is what we want. Please
reconsider this part of the proposal.
Sincerely,
Jay Media
Hotmail: Trusted email with Microsoft's powerful SPAM protection.
Sign up now.
