Comment Text:
i0-001
COMMENT
CL-05055
From:
Sent:
To:
Subject:
Benj amin Schneider
Friday, February 5, 2010 1:42 PM
secretary
Regulation of Retail Forex
RE: RIN 3038-AC61
To Whom It May Concern,
I'd like to voice my concern over the current proposal for the 10:1 leverage change in the
Forex market. I believe this prospective change would be extremely short sided and is
entirely unreasonable. It would not protect consumers but I believe it would do the
exact opposite from what you are trying to accomplish and would drive away business
from the US to foreign markets. I am a trader in the Forex market and I am also
employed by a Forex broker, so I am concerned about this rule effecting not only my
trading, but my bread and butter for my family as well.
Please take my email into consideration and as we strive to still remain a Republic subject
to the Democratic majority, please listen to the people.
Thank you.
Best regards,
Ben Schneider
[email protected]