Comment Text:
i0-001
COMMENT
CL-06255
From:
Sent:
To:
Subject:
Lois Glavin
Friday, March 5, 2010 2:47 PM
secretary
Regulation of Retail Forex
RIN 3038-AC61
Mr. Stawick,
I am very much opposed to limiting the leverage in retail forex customer accounts
from a 100-to-1 to a 10-to-1 ratio. I have moved money from an IRA into a forex
account, am learning about currencies trading. You better believe I am gonna be
careful with my trading because I do not want to see my IRA funds diminish like they
did while I had my money invested in mutual funds in a 401k. However, if your
regulation takes my leverage away, my few dollars will not go very far. I will probably
have to move towards another form of growing my IRA investments.
Is it fair then that only the super rich may partake of this investment opportunity?
Thanks for listening and acting appropriately for me.
Lois Glavini0-001
COMMENT
CL-06255
