Comment Text:
i0-001
COMMENT
CL-04926
From:
Sent:
To:
Subject:
Gary Quinn
Thursday, February 4, 2010 4:53 AM
secretary < secretary@ C FTC. g ov >
Regulation of Retail Forex
"Regulation of Retail Forex"
( 10 - 1 ) leverage will result in my account moving over seas.
I almost moved my account when FIFO rules were first introduced.
This intrusion into my trading is unacceptable! How is the leverage
offered by my broker and chosen by me, any concern of government.
I prefer to have the US protections in case my broker does anything
illegal or to settle disputes. However, the "Big Brother" interference
by CFTC is an intolerable intrusion into my affairs. Leave us
grown-ups alone, we'll take care of ourselves.
Note: FXCM LLC clients also have the option, at any time, to open accounts with any
one of FXCM's regulated entities, including
FXCM LTD, FXCM Asia, or FXCM Australia. These entities provide flexible leverage levels
and are not impacted by CFTC rules.
