Comment Text:
i0-001
COMMENT
CL-06210
From:
Sent:
To:
Subject:
Bud I.
Friday, March 5, 2010 12:30 PM
secretary
Regulation of Retail Forex
Ref: RIN 3038-AC61.
Your proposed reduction in the maximum allowed leverage in Forex trading will have
the effect of pushing most individuals, "the smaller guys", out of the retail market.
Leaving only the "too big to fail" behemoths to control the market is not the free market
that to which we all pay homage.
Please drop the proposal, or limit the exposure to the current maximum leverage by
the quantity of lots or total size of the currency purchased.
G S, Ingersoll
7173 Caddy Circle
Navarre, FL
32566-8885
