Comment Text:
i0-001
COMMENT
CL-05249
From:
Sent:
To:
Subject:
Milos Beljin
Monday, February 8, 2010 11:03 PM
secretary
Regulation of Retail Forex
To Whom it May Concern:
As a retail forex investor, I find the new regulations proposed by the CFTC to limit the allowable
leverage to be very damaging to small investors. Limiting leverage to 10:1 would effectively remove
many small individual investors from the forex market. Many of us have spent a very long time - years
in some cases - developing and perfecting trading strategies that depend on the utilization of more
highly leveraged accounts offered by typical retail forex brokers. I am writing to ask the powers that be
at the CFTC to NOT pass any regulations that would limit the current leverage practices of retail forex
brokers.
Thank you,
Milos Beljin, M.D.
