Comment Text:
i0-001
COMMENT
CL-03230
From:
Sent:
To:
Subject:
Joe Gagnon
Saturday, January 23, 2010 11:31 AM
secretary
Regulation of Retail Forex
To Whom It May Concern,
As a retail Forex investor I recognize the importance of regulation that strengthens industry
oversight. I agree with policing and regulating the industry, as was Congress' intent when
empowering the CFTC to create additional rules. However, I don't agree with policies that might
clearly disadvantage individuals in the United States. Therefore, I strongly oppose the proposed
changes that would radically lower Forex leverage from 100:1 to 10:1 for all NFA and CFTC
regulated Forex firms.
Thank you for the consideration,
Joe Gagnon
5320 N Sheridan Rd. #2509
Chicago, IL 60640
773-561-6682
[email protected]