Comment Text:
i0-001
COMMENT
CL-04804
From:
Sent:
To:
Subject:
Phil Wenzell
Tuesday, February 2, 2010 10:05 PM
secretary
Regulation of Retail Forex
Dear Secretary,
I am writing this email as a retail customer in the forex investment
industry. I am a relative newcomer (since last July) and I have done
quite well and am pleased with the leverage (100-1) that I receive.
This allows a small, individual investor (like me) to be able to
participate and I respectfully ask that the Commission does not modify
the allowed leverage to a lower amount. Thank you for your service.
Best regards,
Phil Wenzell
4769 Fox Run
Fairborn, Ohio 45324
P.S. I was attracted to the Forex retail investment precisely because
of the leverage - if the favorable leverage is removed then I will
most likely not be able to participate in this investment vehicle.
