Comment Text:
i0-001
COMMENT
CL-04777
From:
Sent:
To:
Subject:
Ron
Tuesday, February 2, 2010 11:12 AM
secretary
Regulation of Retail Forex
Good Morning David,
I would like to comment on the proposed regulation concerning leverage in retail forex customer accounts. The
identification number is RIN 3038-AC61. Because I am an individual investor with a small account, I use the
100:1 leverage to be able to trade in the forex market. If it was changed to 10:1 I would not have sufficient
funds to trade. This would force me to use brokerage firms outside the US to be able to trade. I would rather
not go outside the US because I trust the firms that are regulated in the US. Please consider how this change
would impact all the individual investors in this country.
Thank you,
Ronald Tone
17160 S. Golden Sunrise
Vail, AZ 85641
