Comment Text:
i0-001
COMMENT
CL-03274
From:
Sent:
To:
Subject:
ersin ~ahin
Saturday, January 23, 2010 1:48 PM
secretary < secretary@ C FTC. g ov >
I would like CFTC to withdraw its proposal on this matter.
Dear Sirs,
I have learnt CFTC's proposal about lowering the leverage for reatil forex accounts from
1:1OO to 1:10. I believe, this will not be in favor of small investors, who try to acquire
some earnings with limited investment. It will also lead to a rush to other countries for
opening such accounts and lower the transaction volume significantly. Therefore, the
broker companies will also be negatively influenced from such a regulation and their
contribution to US economy will drop considerably.
I would like CFTC to withdraw its proposal on this matter.
Best Regards,
Ersin SAHIN
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