Comment Text:
i0-001
COMMENT
CL-05748
From:
Sent:
To:
Subject:
KJ Woj ciechowski
Wednesday,
March 3, 2010 7:38 PM
secretary
Regulation of Retail Forex
To whom it may concern:
I am writing to protest the CFTC's proposed action to reduce the
amount of allowed leverage for retail forex investors from 100:1 to
10:1.
The nature of forex investing/trading requires high leverage, without
which trading becomes impractical, if not impossible. The proposed
changes would put retail forex investing out of the reach of many.
Please consider the large number of traders who would be unjustly and
onerously affected by such an action.
Respectfully,
Kaj etan Woj ciechowski
244 Fifth Ave F277
New York, NY, 10001
212-592-0995
