Comment Text:
io-ooi
COMMENT
CL-04398
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Sent:
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Subject:
Russ Jensen
Thursday, January 28, 2010 6:44 PM
secretary
Regulation of Reatail FOREX
In reference to RIN - 3038AC61, I do not believe that limiting leverage to 100 to 1 will achieve the desired
results. I believe that Retail traders will just close their American accounts and open accounts in other countries.
As a retail trader I believe that the warnings, by the CFTC, to all traders in the FOREX are sufficient and are doing
a good job in deterring speculation with money that traders cannot afford to lose.
Best Regards,
Russ Jensen
[email protected]
480-786-8595 Direct Line