Comment Text:
i0-001
COMMENT
CL-04807
From:
Sent:
To:
Subject:
Zoran Marinkovic
Wednesday, February 3, 2010 2:26 AM
secretary < secreta ry@ C FTC. g ov >
Regulation of Retail Forex"
*UK UNEMPLOYMENT FIGURES TAKE SUPRISING U-TURN!!!*
I am from england and i am in favour of the 100:1 leverage and not 200:1 hence why i continue to
trade out of US ..as it is in my opinion a far more sensible way to trade ... However 10:1 leverage
is insulting to us retail traders and innevitably will mean that thousands of US traders and foriegn
traders using the "more sensible leverage" that the US offers..will jump ship and trade out of UK. I
like to make note that myself and thousands others will not switch our funds to other US trading
facilities..!! FX is what we do and what we Iove!!..you have nothing to gain and millions and
potentially billions to lose from this proposal.
From an outsider and british national..why on earth would you grant this proposal to go ahead and
literally send taxable revenue along with jobs offshore?...its is mind boggling!!
It is a risky business "betting" that traders will decide to switch their funds to others US trading
facilities and not take them offshore..."betting" is what contributed to the problems in the first
place...go ahead ...BET AWAY!!.and allow the UK..china and the like to capitalise...Learn your
lessons.., do not repeat them!!
Confused Brit!!
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