Comment Text:
io-ooi
COMMENT
CL-03643
From:
Sent:
To:
Subject:
Jeffrey Ford, MD
Sunday, January 24, 2010 10:53 PM
secretary
Pending regulations
Dear Secretary,
The proposed changes to CFTC regulation that result in reducing maximal forex account leverage to
i0:i
from
100:1 will simply bring a halt to all CFTC regulated trading. All traders - including myself and my $40,000 in
account holdings will move to riskier unregulated accounts in and outside of the US. This will be a huge
disservice to me, you will simply not be in a position to regulate my accounts. I would expect that your mandate
would be to increase the safety of the forex markets in the United States for American investors. This will do the
exact opposite!
Thank you for rethinking this latest bizarre unwanted change.
Jeffrey Ford, MD
