Comment Text:
i0-001
COMMENT
CL-07480
From:
Sent:
To:
Cc:
Subject:
Dasletters
Sunday, March 14, 2010 1:46 PM
secretary
[email protected]
re: 'Regulation of Retail Forex'
'Regulation of Retail Forex'
RIN 3038-AC61
To Whom it May Concern:
This administration is setting out to destroy the Forex Market in the U.S. with this change in
regulations concerning leverage.
It is always best to let the free market work with as little interference as possible.
I am absolutely opposed to a 10-1 limitation
on leverage and encourage the FTC to abandon the
change in favor of the present
allowable leverage of 100 -1.
Everything is always done in favor of the banks without consideration of the individual and the
ripple effects of this kind of action!
Very Truly Yours,
Carolyn Robinson
130 Heatherwood Drive
Madison, Al 35758
