Comment Text:
i0-001
COMMENT
CL-02598
From:
Sent:
To:
Subject:
Carol
Friday, January 22, 2010 10:39 AM
secretary
Regulation of Retail Forex
I understand you have a proposal to reduce the max allowable leverage
for US based forex brokers to 10:1.
Please do this only if you intend to shut down all forex trading in the
United States, and redirect all forex trading business to European and
other foreign destinations. Of course then you have no more jurisdiction
to make further changes in the name of security, safety or whatever.
My current broker is MB Trading, a US broker, and I don't want that to
change, so please don't force me to do so. I certainly will if this
regulation goes into effect.
Thank you,
Carol