Comment Text:
i0-001
COMMENT
CL-00400
From:
Sent:
To:
Subject:
Johnny Barrett
Tuesday, January 19, 2010 9:24 AM
secretary
Regulation of Retail Forex
RIN
3038-AC61
Your proposal that leverage for retail forex in the U.S. be set at 10:1 is based on unrealistic expectations in my
opinion. Rather than limit the investor risk, it will force people to go off-shore with their accounts and their trading
shops. We've already had enough of government policy shifting jobs off-shore. The proposed regulation is a highly
restrictive and discriminatory position against retail customers which limits trading choices. For the new investor
who stays with an account in the U.S. it just raises the risks by forcing them to open bigger accounts and trade in
larger lots.
Johnny Barrett
2701 Colonial Circle
McKinney, Texas 75070
