Comment Text:
i0-001
COMMENT
CL-05177
From:
Sent:
To:
Subject:
Alan Miller
Monday, February 8, 2010 12:29 PM
secreta ry < secretary@ C FTC. g ov >
Regulation of Retail Forex
I have been informed that the CFTC is proposing a new plan to reduce leverage for forex traders to
10:1. This regulation will likely put an end to U.S. forextrading. All citizens of the U.S. will take
their accounts overseas where there are less restrictions.
For what it's worth I think it would be a terrible mistake to reduce leverage to 10:1.
Alan Miller
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