Comment Text:
i0-001
COMMENT
CL-03094
From:
Sent:
To:
Subject:
Duane Kemp
Saturday, January 23, 2010 12:46 AM
secretary
Leverage in Forex
Dear Sirs;
I am copying pasting a clip of an e-mail sent to me & I am wanting
to know if it is true or false info. Please get back to me with an answer.
My public comment is that I don't want this to happen. It is fine the way it
is. Can you imagine if there was a limitation put on gasoline like this that
we could only buy 10 gallons a week? That's why I fell the way I do. Is
there a shortage on trades?
Thanks, DK.
CLIP:
Here's an excerpt...
As many of you are aware, the U.S. Commodity Futures Trading Commission
(CFTC) announced on January 13, 2010 that it is seeking public comment on
Proposed regulations concerning retail Forex trading.
As part of the proposed regulations, it is stated." "leverage in retail forex
Customer accounts wouM be subject to a 104o-1 fimitation, "which means 10:1
Leverage wouM be the maximum amount allowed for all Forex traders in the
U.S.i0-001
COMMENT
CL-03094
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