Comment Text:
i0-001
COMMENT
CL-03328
From:
Sent:
To:
Subject:
Nelson Quiroga
Saturday, January 23, 2010 3:43 PM
secretary
Regulation of Retail Forex
I'm very concerned about the new proposal of lowering the leverage to 10:1 in retail forex because it
will actually kill retail forex in the USA and will make us, the small, but well trained forex traders,
transfer our accounts outside the USA. It will make us very difficult to operate under such conditions
and even though I believe in the CFTC's good intention in this proposal it will actually mean the end of
my "second job" in the USA, and will become "my second job" may be in Europe?
Thank you,
Nelson Quiroga