Comment for Proposed Rule 75 FR 3281
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From:
Tom Morris
Organization(s):
Comment No:
2028
Date:
1/21/2010
Comment Text:
i0-001
COMMENT
CL-02028
From:
Sent:
To:
Subject:
Tom
Thursday, January 21, 2010 5:39 PM
secretary
Regulation of Retail Forex
To whom it may concern,
I, as a small Forex trader, recognize the importance of regulation
that strengthens industry oversight. However, one of the proposed
changes would radically lower Forex leverage from 100:1 to 10:1
for all NFA and CFTC regulated Forex firms.
I difinitely don't agree with such policies that will clearly
disadvantage traders such as myself, along with Forex firms in the
United States.
Thank you for your consideration in this regard.
Dr. Tom Morris
Reno, NV
