Comment Text:
i0-001
COMMENT
CL-05858
From:
Sent:
To:
Subject:
eliza karwowski
Wednesday, March 3, 2010 11:13 PM
secretary
Comments on Regulation of Retail Forex
TO: The U.S. Commodity Futures Trading Commission (CFTC)
RE: Comments on the proposed regulations concerning retail forex trading
Max leverage under current regulations
100:1 leverage (one percent)
1 lot (100,000)
Margin requirement: $1,000
Max leverage under proposed changes
10:1 leverage (10 percent)
1 lot (100,000)
Margin requirement: $10,000
I am absolutely and completely opposed to your proposed changes! As a forex trader,
I have the right to choose the amount of leverage that I deem appropriate for my risk
appetite.
These new regulations directly threaten my ability to make money in the forex market.
I was upset when you changed the leverage from 200:1 to 100:1.
A further downgrade in leverge change is unacceptable!
Eliza Karwowski, MBA
619.335.6643
Eliza.Karwowski@gmail. corn
