Comment for Proposed Rule 75 FR 3281
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From:
Christopher Noel
Organization(s):
Comment No:
2611
Date:
1/22/2010
Comment Text:
i0-001
COMMENT
CL-02611
From:
Sent:
To:
Subject:
Chris Noel
Friday, January 22, 2010 10:49 AM
secretary
'Regulation of Retail Forex'
To Whom It May Concern:
I personally feel that decreasing the maximum leverage from 100:1 to 10:1 is not in the best interest of the public.
Under current conditions OTC currency trading is a broad market open to investors of all levels of fiscal means.
By decreasing the maximum leverage, the CFTC is effectively pricing out the average Joe investor.
RIN 3038-AC61
Sincerely,
Christopher Noel
Financial Analyst
