Comment Text:
i0-001
COMMENT
CL-06687
From:
Sent:
To:
Subject:
Pete Rast
Tuesday, March 9, 2010 2:17 PM
secretary
Regulation of Retail Forex
To whom it may concern:
Please add my name to the list of citizens that oppose a 10:1 leverage
cap when trading forex. There are several reasons for my opposition,
including:
1) The United States needs to compete with other countries that do not
have this leverage cap.
2) Current leverage levels are an option, not a requirement. I'm aware
that I can use lower leverage if I'd like, but I like having the choice.
3) The choice of leverage should be a choice between my bank and me, and
it should not involve the government.
I STRONGLY OPPOSE the proposed leverage cap. Please do not implement this.
Thank you.
Peter Rast
3620 Catalpa Way
Boulder, CO 80304
