Comment Text:
i0-001
COMMENT
CL-01985
From:
Sent:
To:
Cc:
Subject:
Steve & Debra Soukup
Thursday, January 21, 2010 4:42 PM
secretary
'John C. Bousman'
Regulation of Retail Forex
Dear Sir or Madam,
I understand that the CFTC is making an attempt to reduce the leverage that retail FOFIEX traders will be able to
use in the United States with regulated FOFIEX brokers. Under the proposed legislation, the 100:1 leverage
FOFIEX brokers allow retail customers would be reduced to 10:1.
This would make my participation in trading in the FOFIEX impossible and deny me the ability to trade from an
intraday and longer term time frame.
I am not in favor of this measure and hope that the CFTC will reconsider its proposed changes.
Thank you.
Debra Soukup, member, LA Pips
15459 Wyandotte St.
Van Nuys, CA 91406
soukups@earthlink, net
818-781-9262