Comment Text:
i0-001
COMMENT
CL-04268
From:
Sent:
To:
Subject:
Todd G Glenn
Wednesday, January 27, 2010 2:49 PM
secretary
Regulation of Retail Forex
Dear CFTC/NFA:
I trade the retail Forex market with a US based brokerage. If you lower
the current leverage for my trading account as you propose (RIN 3038-AC61),
you will force me to leave the US brokerage and find a European based
broker with more favorable leverage terms. I believe in this current
economic time, we shouldn't make it any more difficult to do business with
US based companies and employers. I urge you not to change the current
leverage requirements.
Thank you.
Todd Glenn