Comment for Proposed Rule 75 FR 3281
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From:
Avery T Horton
Organization(s):
Comment No:
635
Date:
1/19/2010
Comment Text:
i0-001
COMMENT
CL-00635
From:
Sent:
To:
Subject:
Avery Horton
Tuesday, January 19, 2010 2:06 PM
secretary
Regulation of Retail Forex
The CFTC is proposing limiting leverage to 10:1 on US brokers. Of course that means many smaller
traders and EA's will be practically useless.
THIS IS A BAD IDEA.
LEAVE FOREX ALONE.
The government ALWAYS causes more problems than it solves and REGULATION is NOT the
answer.
Avery T. Horton, Jr. aka TheRumpledOne