Comment Text:
i0-001
COMMENT
CL-04132
From:
Sent:
To:
Subject:
Sal Becnel
Tuesday, January 26, 2010 6:40 PM
secretary
Regulation of Retail Forex
To Whom It May Concern:
I am against the proposed new leverage change from 100:1 to 10:1. You know that you will be hurting
small investors if you do this and small investors know that you know this regulation will hurt them
regardless of whatever excuse you create to justify lowering the leverage further. Even after you succeed
in making it impractical for small investors to invest in currency and futures (because I believe you will
completely ignore what small investors want), many small investors will never go back to investing in
stocks no matter what because they know how Wall Street operates.
Sincerely,
Sal Becnel
Harvey, LA
