Comment for Proposed Rule 75 FR 3281
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From:
Yvonne Becker
Organization(s):
Comment No:
1452
Date:
1/21/2010
Comment Text:
i0-001
COMMENT
CL-01452
From:
Sent:
To:
Subject:
Yvonne and Curtis Becker
Thursday, January 21, 2010 1:12 AM
secretary
Regulation of Retail Forex
With regards to the CFTC as part of the proposed regulations, it is stated: "leverage in retail forex customer accounts would be
subject to a 10-to-1 limitation," which means 10:1 leverage would be the maximum amount allowed for all Forex traders in the
U.S.
I stand behind the belief that we should be given the freedom and right to choose the amount of leverage that is appropriate
for our individual desired risk, and that this basic principle of 'choice' is in jeopardy by the proposed CFTC regulations.
I disagree with this proposal as a FX trader and want it to be noted as a public comment. Although I am Canadian, this will
inadvertently affect my ability to trade FX.
Thanks.
Yvonne Becker
1293 Liberty Drive
Victoria, BC
V9C 4H9
Canada
