Comment Text:
i0-001
COMMENT
CL-04220
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Subject:
John Clarke
Wednesday, January 27, 2010 5:14 AM
secretary
Re: RIN 3038-AC61
Please accept my brief opinion on the proposed regulations regarding retail FOREX transactions.
A leverage limit of 10:1 will certainly discourage traders to leave the US banking system? Regulation is a good idea that
should have been implemented long ago; however I wouldn't see the point of trading at anything less than 50:1. This ratio is
sensible and still attractive to trader like me.
Regards
John
