Comment Text:
i0-001
COMMENT
CL-05112
From:
Sent:
To:
Subject:
Bruce Abeel
Sunday, February 7, 2010 10:13 AM
secretary
Regulation of Retail Forex
Dear Secretary of the Commission,
I am writing to you regarding both my concern and disapproval of the proposed reduction of leverage on
forex accounts to 10:1 contained in the "Regulation of Off-Exchange Retail Foreign Exchange
Transactions and Intermediaries" dated January 20, 2010.
As a small retail trader I have found forex trading very enjoyable and maintain several small accounts. I
feel that this proposal is targeted at the small retail investor and if passed will effectively deny me and
many other retail traders from being able to trade in the forex market. I sincerely hope that the proposal
for reducing the leverage on forex accounts is not passed
Thanks for taking the time to read this email.
Best regards,
Bruce H. Abeel
