Comment Text:
i0-001
COMMENT
CL-03877
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Sent:
To:
Subject:
Isaac ekhator
Monday, January 25, 2010 6:35 PM
secretary
Regulation of Retail Forex
The proposed restriction of le,~'erage across the board to 10 to 1, in my own opinion will be detrimental to the retail forex
investors.
The doors that are currently opened to retail investors will effectively be closed through this proposed rules, once
again making the FX market accessible only to financial institutions.
I think this is not a good proposition for the forex industry.
i would want the Commodity Futures Trading Commission (CFTC) to reconsider their stand on this issue.
thank you.
Isaac Osahon Ekhator