Comment Text:
i0-001
COMMENT
CL-03229
From:
Sent:
To:
Subject:
ryan124511 @aol.corn
Saturday, January 23, 2010 l 1:28 AM
secretary
Why?
What is the logic in this?
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 would be subject to a lO-to-1 limitation, "which means 10:1
leverage would be the maximum amount allowed for all Forex traders in the U.S.
I don't see how this will do anything but kick retail traders out of the game.