Comment Text:
io-ooi
COMMENT
CL-01708
From:
Sent:
To:
Subject:
dmsh
Thursday, January 21, 2010 10:37 AM
secretary
Proposed Currency Leverage Changes
Dear Secretary.,
As an active Forex trader, I urge you to back off the proposed leverage level of 10-to- 1, as it will cripple the ability, of the US
retail forex traders to provide the liquidity needed to keep the currency markets liquid and healthy.
Although governmental oversight is a good thing, onerous intervention by govemmem, which distorts and crimps the free
market, is a bad thing.
Thank you for your consideration.
David Rush