Comment Text:
i0-001
COMMENT
CL-05064
From:
Sent:
To:
Subject:
Gladys Mercier
Friday, February 5, 2010 4:10 PM
secretary
Regulation of Retail Forex
Dear Secretary,
Please reconsider your proposal to lower the forex leverage from 100:1 to 10:1. If enacted, this proposal
will drive forex business to offshore brokers, and in turn, make trading in this market
more
risky to
retail traders.
I appreciate the industry oversight that the CFTC provides but must express my concern about this
restrictive proposal that would in fact damage the forex opportunity for retail traders.
Thank you for your service,
Gladys Mercier
Gladys M. Mercier
Director of Software Management
Carnegie Mellon Silicon Valley
NASA Research Park
Building 23 (MS 23-11)
Moffett Field, CA 94035-1000
650-335-2820
http://www, cmu.edu/silicon-valley
