Comment Text:
i0-001
COMMENT
CL-06380
From:
Sent:
To:
Subject:
David Barkah
Saturday, March 6, 2010 11:28 AM
secretary
Regulation of Retail Forex - RIN 3038-AC61
Hi Secretary CFTC,
Your proposed changes to retail forex tradingespecially related to theproposedleverage changes in proposal ID #RIN 3038-AC61 is not
in the best interest of forex traders like me.You may have good intentions to improveretail forextrading but this action if implemented is
just going to wipe out most of the traders like me which goes to defeat theobjective to protect traders and brokers.
My personal appeal to CFTC is toscrap this particular leverage changes in theproposal and keep the current prevailing standard
leverage ratio of 100:1 (1%).
Thank you very much.
David Barkah
