Comment for Proposed Rule 75 FR 3281
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From:
Wayne Johnson
Organization(s):
Execu Tech Systems Inc
Comment No:
1682
Date:
1/21/2010
Comment Text:
i0-001
COMMENT
CL-01682
From:
Sent:
To:
Subject:
Wayne Johnson
Thursday, January 21, 2010 10:01 AM
secretary
Forex Leverage - Regulation of Retail Forex
Dear Secretary,
I strongly urge the U.S. Commodity Futures Trading Commission to reject the proposed change in Forex
leverage to 10:1, identified as RIN 3038-AC61.
I understand the risk of higher leverage and believe the retail Forex trader should have the freedom to
trade with whatever leverage he/she sees as appropriate for their account, as long as the risks are
carefully spelled out by the broker, which they are.
Our freedoms are disappearing at an alarming rate lately, particularly for the "small guy", and this is
just another example.
Please reconsider this proposal.
Wayne Johnson
CEO
Execu/Tech Systems, Inc.
535 Harrison Avenue
Panama City, Florida USA 32401
www.execu-tech.com
850.747.0581
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