Comment Text:
i0-001
COMMENT
CL-04718
From:
Sent:
To:
Subject:
Javier Paz
Monday, February
1, 2010 10:49 AM
secretary
Regulation of Retail Forex
I would like to strongly oppose the 10:1 maximum leverage limitation. It would keep a lot of US investors from having the
potential rewards to warrant participation in the Forex market.
I run a website www.forexdatasource.com where 50% of the traffic comes from US traders and feel that my business would
be severely hurt by the proposal.
The CFTC and NFA appear to have abandoned all sobriety that should characterize a regulator and appear bent on ill-advised
activist measures.
I urge you to listen to the vast majority of market participants and leave the maximum leverage limit at 100:1.
Sincerely,
Javier Paz
ForexDatasource. corn
President
Javier Paz
Provo UT, 84601
[email protected]
