Comment Text:
i0-001
COIMMENT
CL-06476
From:
Sent:
To:
Subject:
[email protected]
Sunday, March 7, 2010 1:00 PM
secretary
Public Comment Form
Below is the result of your feedback form. It was submitted by
([email protected]) on Sunday, March 07, 2010 at 12:59:33
commenter_subject: Off-Exchange Retail Foreign Exchange Tra
commenter_frdate: January 20, 2010
commenter_frpage: 75 FR 3281
commenter_comments: Dear Mr. Secretary:
I am strongly opposed to the proposed regulation to
limit leverage in major Forex currency transactions
to 10: 1. While I believe the goal of protecting
the public is admirable, the the proposed methods
may have unintended consequences, including reduced
liquidity, squeezing out of small traders, and
movement of business overseas. I believe efforts
would be better placed towards education and
awareness of the risks of excessive leverage, which
are best judged by traders themselves, and not
regulators.
commenter_name: Brian Stockhoff
commenter_withhold_address_on: ON
commenter_addressl: 11771 Ramsdell Court
commenter_city: San Diego
commenter_state: CA
commenter_zip: 92131
commenter_phone: 8582711648
