Comment Text:
i0-001
COMMENT
CL-06714
From:
Sent:
To:
Subject:
Kevin Kareth
Wednesday, March 10, 2010 1:20 AM
secretary
Regulation of Retail Forex
RIN 3038-AC61
Dear CFTC,
A move to a 1 O-to-1 leverage limitation for retail forex customer accounts is only hurting those on Mainstreet. Such a limitation would force the US retail
traders out of trading forex leaving the market to only large banks and hedge funds. For institutions risking others capital, it makes sense that they
should be prudent with leverage and they can easily regulate their own behaviour. A retail trader risks their own capital and therefore should not be
punished with such regulation.
Please reconsider this decision.
Thank you.
