Comment Text:
i0-001
COMMENT
CL-01771
From:
Sent:
To:
Subject:
amgad attia
Thursday, January 21, 2010 11:39 AM
secretary
"Regulation of Retail Forex"
Dear Sir,
I
strongly opposed to lowering leverage to
10:1.
this will only result in US business going
oversees.
Jobs will be lost as well as tax revenues for the states where these companies operate.
if you think that reducing the leverage will reduce the risk you are sorely mistaken, we are living in free
world where people can trade anywhere, if they can't trade in the US, they will simply leave and go to
the UK or any other entity that will allow them to trade.
STOP trying to destroy the forex market in the US. you are only hurting the US economy and adding
more people to the unemployment line.
please make a decision based on the interest of the US econmoey and not your own agenda.
forex Trader