Comment Text:
10-002
COMMENT
CL-07860
From:
Sent:
To:
Subject:
Debbie Weiss
Wednesday, March 10, 2010 3:34 PM
secretary
RIN 3038-AC61. 'Regulation of Retail Forex'
To whom it may concern;
I am opposed to the proposed changes in FOREX leverage. I agree with the statements below;
"We believe that these proposed regulations will so significantly change the leverage factor as
to eliminate the forex trading opportunity for many individual traders," said Gary Tilkin,
president & CEO GFT.
¯ "In addition, those wishing to trade forex with any meaningful leverage would have to
seek alternatives outside of the United States if those avenues would even be available
to U.S. customers," said Tilkin.
If the above changes are implemented I will be forced to open an account outside the US. You
will create an opportunity for fraud to the retail investor. The brokerages I will be forced to
used will not be regulated by agencies like yours and I could be a victim of fraud.
Please keep a free market open for all levels of traders.
Regards,
Deb Weiss
Home: 954-346-7766
Cell: 954-907-3804
