Comment Text:
i0-001
COMMENT
CL-04535
From:
Sent:
To:
Subject:
Bob Price
Friday, January 29, 2010 11:41 PM
secretary
Regulation of retail Forex trading (RIN 3038-AC61)
Dear Secretary:
Most of the new proposed rules sound fine to me, but I am concerned about the proposal to limit
leverage on Forex trading to 10:1. Already with the restriction of leverage from 200:1 to 100:1, I have
had to stop trading some profitable strategies in Forex. If the proposed restriction is put into place, I will
probably be forced to stop trading Forex.
Please reconsider this rule, and leave leverage at 100:1 or even raise it up to 200:1.
Thanks,
Bob Price
