Comment Text:
i0-001
COMMENT
CL-06497
From:
Sent:
To:
Subject:
[email protected]
Sunday, March 7, 2010 5:59 PM
secretary
Regulation of Retail Forex
Dear Secretary Stawick,
I have been informed that the CFTC is changing the rules for NFA members and their account
holders in reference to leverage ratios.
The ruling ID number is RIN 3038-AC61.
Although I am in favor of preventing fraud and deception in the Forex Market, I am not in favor
of restricting leverage ratios.
This should be the choice of the individual trader, based on his/her trading style and risk
tolerance.
There is no deception or fraud involved in choosing this ratio, and should be our choice.
Thanks for listening.
Sincerely,
Kevan Fager
