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Comment for Proposed Rule 75 FR 3281

  • From: James Kerns
    Organization(s):

    Comment No: 4623
    Date: 1/30/2010

    Comment Text:

    i0-001
    COMMENT
    CL-04623
    From:
    Sent:
    To:
    Subject:
    James Kerns
    Saturday, January 30, 2010 10:25 PM
    secretary
    Regulation of Retail Forex
    I'd like to voice my opinion that I am against the CFTC's initiative to limit forex leverage of 10:1.
    I
    understand the other facets of the bill and am not opposed to them, but the 10:1 leverage is simply
    unacceptable. This one section is what is so repulsive to us traders. Please reconsider your stance. Thank
    you,
    James