Comment Text:
i0-001
COMIvIENT
CL-04801
From:
Sent:
To:
Subject:
David
Tuesday, February 2, 2010 7:46 PM
secretary
Regulation of Retail Forex, R1N3038-AC61
To David Stawick
Secretary, Commodity Futures Trading Commission
I am very much opposed to that portion of the new regulation that reduces the leverage offered by forex
brokers from 100:1 to 10:1. I think this is just an attempt to stop small investors from making any
profits in the forex market. And the influence behind this effort is probably coming from international
bankers who want to keep more of the profits from this market for themselves.
If this requirement is imposed on small investors like myself I will do everything I can in the next
election to support the Republican Party.
David Prince
Downey, California