Comment Text:
i0-001
COMMENT
CL-05755
From:
Sent:
To:
Subject:
Sweet Prince
Wednesday, March 3, 2010 7:50 PM
secretary < secretary@ CFTC. g ov >
Regulation of Retail Forex
Good day Sir/madam my name is Harris I am from the Virgin Islands and I am involved in forex
trading. It was just brought to my attention that there is a proposal from you guys (The CFTC) to reduce
the current trading leverage from 100:1 to 10:1. I am of the opinion that is not a very good move & me
and a lot of other traders strongly disagree with that proposal. Please think twice before you decide to
make that foolish move to reduce the leverage for that would be a very detrimental move on your behalf.
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