Comment Text:
i0-001
COMMENT
CL-03994
From:
Sent:
To:
Subject:
Scott Brandes
Tuesday, January 26, 2010 6:46 AM
secretary
Regulation of Retail Forex
RIN 3038-AC61
As a US citizen forex trader, I am against the proposed 10:1 leverage maximum. Part of the real value of forex trading is the
high leverage allowed in todays markets. I think I should have the right to choose the leverage ratio according to my own
risk appetite.
A 10:1 leveage maximum would severely impede my ability to trade in the forex exchange due to the margin requirements it
would impose.
Thank you for your consideration,
Scott Brandes
102 Drayton Ct.
Chapel Hill, NC 27516