Comment Text:
i0-001
COMMENT
CL-06515
From:
Sent:
To:
Subject:
tom
Monday, March 8, 2010 1:32 AM
secretary
Regulation of Retail Forex--Not in favor of 10:1 leverage proposal
CFTC/David Stawick,
Since you now propose a 10:1 leverage rule for Retail Forex I would like to know if you are proposing the same
leverage requirement for all commodities and futures contracts including their options contracts?
If not, then the CFTC and the NFA's motives are to be questioned.
I am not in favor of the new 10:1 leverage proposal by the CFTC. In fact, it should be raised back to
400:1 from the current 100:1.
Public comment
RIN3038-AC61