Comment for Proposed Rule 75 FR 3281
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From:
Jeffrey M Navon
Organization(s):
Comment No:
818
Date:
1/19/2010
Comment Text:
i0-001
COMMENT
CL-00818
From:
Sent:
To:
Subject:
Jeff Navon
Tuesday, January 19, 2010 7:53 PM
secretary
"Regulation of Retail Forex"
Dear Sir -
I strongly oppose the proposal currently set forth by the CFTC to limit leverage offered by US-based brokers to
10:1. This would severely damage the US brokerage industry and force US-based retail traders to flee the US
market and trade with, for example, British-based brokers.
Please do not implement these rules.
Respectfully submitted,
Jeffrey M. Navon
