Comment Text:
i0-001
COMMENT
CL-00715
From:
Sent:
To:
Subject:
Phil Garonzik
Tuesday, January 19, 2010 4:46 PM
secretary
Regulation of Retail Forex
Re: RIN 3038-AC61
To Whom It May Concern:
This is in reference to the proposed legislation to limit the ability
to leverage in Foreign Currency Exchange trading. Reducing or
limiting leverage trading will severely restrict the flexibility to
control risk factors when making trading decisions. For those of us
who trade sensibly with regard to percentage of account traded,
volatility of traded currency pair, and leverage of risk, please
consider how this would reduce the trading volume inn the Forex market.
Thoughtful input from a long-term Forex trader.
Phil Garonzik
