Comment Text:
10-001
COMMENT
CL-03587
From:
Sent:
To:
Subject:
Joe Huguenard
Sunday, January 24, 2010 6:14 PM
secretary
Regulation of Retail Forex
To whom it may concern,
RIN 3038-AC6l
How is a 10:1 leverage suppose to help us? Aren't you suppose to
provide a safe environment to trade in, not kick us out of the game, which
is what will happen under the new cap being considered.
This 10:1 cap is abusive and quite damaging to the overall success of all
involved and will, eventually, hurt the system, not help it.
Why not let people decide what leverage to use?
Respectfully,
Joe Huguenard
