Comment Text:
i0-001
COMMENT
CL-03685
From:
Sent:
To:
Subject:
Laurence Williams
Monday, January 25, 2010 3:03 AM
secretary
I am Speaking Out Against the 'Regulation of Retail Forex' Proposed and CFTC
Leverage Change to 10-1 for all US Brokers.
I am writing this letter to Speak Out Against Proposed CFTC Leverage Change to 10-1 for all US Brokers.
The only thing that this leverage change will promote is the grand exodus from American Brokerages to
foreign brokerages.
I
believe that all traders should have the right to choose the amount of leverage that is appropriate
for his/her risk appetite, and that this basic principle of 'choice' is being threatened by the
proposed CFTC regulations.
