Comment Text:
i0-001
COMMENT
CL-03608
From:
Sent:
To:
Subject:
Kyle Gillman
Sunday, January 24, 2010 7:33 PM
secretary
Regulation of Retail Forex
To whom it may concern:
By changing the rule to only having 10:1 leverage you're just accelerating the cash flow out of the USA.
I'm new to Forex and learning, however I know enough that by changing to 10:1 there's a real slim shot
at making it in this business. You are going to be taking away jobs, because every small retail trader
will just open offshore accounts with different brokers that offer the higher leverage. Why don't you
focus on trying to keep money in the states instead of imposing new regulations that will just drive
money out. Let us live like adults and learn from our own mistakes.
Best,
Kyle
