Comment for Proposed Rule 75 FR 3281
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From:
Kenneth Bauer
Organization(s):
Comment No:
1086
Date:
1/20/2010
Comment Text:
i0-001
COMMENT
CL-01086
From:
Sent:
To:
Subject:
Kenneth Bauer
Wednesday, January 20, 2010 6:20 PM
secretary
Regulation of Retail Forex
Dear Sirs:
RE: RIN 3038-AC61
I strongly object to the proposed regulation of changing the maximum leverage on retail forex account to 10 - 1
leverage.
I feel that each individual should have the right to determine his own leverage and risk tolerance and by making
this change you will will limit the amount of participation of retail traders in the foreign currency markets. Further,
you will limit the numbers of traders that can participate in these markets and drive many of them to use overseas
brokers.
Sincerely,
Kenneth Bauer
