Comment Text:
i0-001
COMMENT
CL-00136
From:
Sent:
To:
Subject:
George Schuessler
Friday, January 15, 2010 10:22 PM
secretary
Regulation of Retail Forex
Re: RIN 3038-AC61
Dear Mr. Stawick,
I am highly concerned about the CFTC proposal to restrict leverage across the board to 10 to 1 leverage
for retail forex traders. After investing in extensive training, I have just begun Forex trading and do not
have the captial to carry out profitable trading at the reduced leverage you are proposing. I implore you
to reconsider and allow at least 1 to 100 leverage. I don't understand why the CFTC would wish to
curtail the opportunity for so many of us to make a hearty profit through this avenue. My understanding
is that this will not affect the banks and hedge funds, but rather the individual traders like myself who
rely on this for personal success.
Sincerely,
George B. Schuessler, Ph.D.
