Comment Text:
i0-001
COMMENT
CL-04052
From:
Sent:
To:
Subject:
j mdunn
Tuesday, January 26, 2010 10:53 AM
secretary
Regulation of Retail Forex
Regarding RIN 3038-AC61
Writing on my own behalf, I am very comfortable with the present 100:1 leverage opportunity. GFT brokerage has
been very clear about this type of risk. Although I will not require this leverage to trade, I like the freedom to use it
when the risk is appropriate.
Regarding a possible 10:1 leveage cap, this would severely limit my trading frequency and may result in seeking
an off-shore counterparty.
Thankyou for this opportunity to express my viewpoint.
Michael Dunn
Lakewood, NY