Comment Text:
i0-001
COMMENT
CL-04501
From:
Sent:
To:
Subject:
Jk
Friday, January 29, 2010 7:54 PM
secretary
Video_Response_CFTC_Proposed_FOREX Leverage_Change
This regulation has unintended consequences for non-banks, hedgefunds, and institutions...namely the noninstitutional retail
investors. The effect of this regulation limits the retail investor from taking advantages of leverage that is needed to compete
in a market, it is unconstitutional- it should be the investors choice to use leverage not a regulatory body. Discretion should
be used in the rule change to not target unintended parties to which the rule shouldn't apply. I have grave concerns about this
change and hope someone has the sense to consider the retail investor.
Sincerely,
Eung Kim
Sent from my iPhone
