Comment Text:
i0-001
COMMENT
CL-03638
From:
Sent:
To:
Subject:
marketprofits
Sunday, January 24, 2010 10:14 PM
secretary
Regulation of Retail Forex
Hello
Regarding the proposed CFTC regulations to reduce leverage for forex trading, I feel that you should
review the situation. I do not agree with reducing leverage requirements:
1. Alternatively, you could reduce leverage, proportional to account size, thereby forcing larger accounts
to have less leverage.
2. With this proposed change, you are potentially reducing profits of traders, which translates into less
taxes for the federal government ( .... food for thought).
Thanks for the opportunity to input.
Nicola Farinaccio