Comment Text:
i0-001
COMMENT
CL-04315
From:
Sent:
To:
Subject:
joanne roddy
Thursday, January 28, 2010 3:30 AM
secretary
comments on proposed Regulations Regarding Retail Forex Transactions.
Dear Sir,
as a live trader with some experience in the Forex Market, I concur that regulations for certain
brokerage practices are in order, however, I have to register my strong disagreement with the leverage
limit percentage of 10:1 maximum leverage.
Is it your intention to drive all the money and traders out of this country? I am an American and
I do not condone this. This would drive more financial prospects from our country. It is right and
proper to limit those 400:1 and such leverages but in my opinion 50:1 is fair to all. Please leave it alone.
Joanne Roddy.
