Comment Text:
i0-001
COMMENT
CL-03731
From:
Sent:
To:
Subject:
Vokin
Monday, January 25, 2010 8:56 AM
secretary
Regulation of Retail Forex
To whom it may concern,
I am a retail trader from Czech Republic, and I trade forex via broker from USA. I am strongly opposed to the 10:1
leverage proposal by the CFTC. This regulation/requirement will drive many of the "smaller guys" out of the
markets entirely or to offshore (ie unregulated) brokers.
The liquidity provided by retail traders increase the efficiency of the markets. Removing them, or unfairly pricing
them out of the markets will result in increased price volatility overall and decrease the efficiency of the markets
which is bad for everyone.
Please reconsider this proposal.
Or - can I tell Good Bye USA?
Thank you
Miroslav Vokaty
Okru ni2049
288 02 Nymburk
Czech Republic
