Comment Text:
i0-001
COMMENT
CL-00358
From:
Sent:
To:
Subject:
Jeff Searles
Monday, January 18, 2010 4:39 PM
secretary
proposed rule regarding NFA brokers limited to 10:1 leverage on forex trades
Please consider the damage that will be done to the small forex trader if the 10:1 maximum leverage
limit is passed. I am a small FOREX trader with an account less than $1,000.00 and would be forced to
move my account off shore, most likely to the UK, if the proposed rule goes into effect. An effort to
protect a few at the expence of many is basically unjust.
Yours,
Jeff Searles