Comment Text:
i0-001
COMMENT
CL-04310
From:
Sent:
To:
Subject:
Nathan Alvey
Thursday, January 28, 2010 1:53 AM
secretary
Regulation of Retail Forex
Regarding: RIN 3038-AC61
To Whom It May Concern:
I am deeply concerned about the proposed regulation to limit leverage in my forex account from 100-to-
1 to 10-to-1. I have been trading currencies for the past five years and currently have accounts with two
domestic brokers. If you impose such limitations you destroy currency trading here in the United States;
domestic brokers will suffer greatly as investors will simply transfer their accounts to brokers in other
countries. I would hate to have to transfer my accounts to a foreign broker as I have gained a great deal
of trust with my existing brokers. Leverage is why 1 trade currencies and the amount of leverage I decide
to use should be between me and my broker. Thank you for taking my concerns into consideration.
Nathan Alvey
natealvey@yahoo, com
