Comment Text:
i0-001
COMMENT
CL-00491
From:
Sent:
To:
Subject:
Adam Gravitt
Tuesday, January 19, 2010 11 : 15 AM
secretary
Regulation of Retail Forex
RIN 3038-AC61
Dear CFTC,
I am opposed to the change in the limitation of leverage to 10:1. As a average trader who trades his own
money, it is difficult to come up with enough money to meet the minimum margin requirement. Having
the margin requirement at 1,000 is just fine and it doesn't need to be changed. I believe that traders
should be able to choose their own leverage that is appropriate for their risk level. Thank you.
-Adam Gravitt
