Comment Text:
i0-001
COMMENT
CL-03642
From:
Sent:
To:
Subject:
Reuben Moses
Sunday, January 24, 2010 10:42 PM
secretary
Regulation of Retail Forex
Dear Sir/Maam,
The new proposed rules by CFTC to set a max limit of 10:1 leverage for retail forex traders will be
devastating for small investors who depend on forex for thier livelihood. Most of us do not have the
huge capital and therefore the current levarage levels help us invest with small amounts and thus help us
achieve our targets. With the proposed limits on leverage, some of us may even be stripped off the
chance to make a livelihood out of forex trading.
[] [] [] [] [] [] [] It is my sincere request, not to change the leverage rules for retail forex so that people like
me can participate and continue to use retail forex trading to make a living.
regards...reuben moses
