Comment Text:
i0-001
COIMMENT
CL-06769
From:
Sent:
To:
Subject:
[email protected]
Thursday, March 11, 2010 12:18 PM
secretary
Regualtion of Retail Forex
To whom it may concern,
My name is James Kruk and I am a retail forex trader. I enjoy trading the forex market and have NO plans on stopping! Changing
the leverage offered will only put U.S. based brokerage firms at a great disadvantage. If my U.S. broker is put at a disadvantage, than
I will be put at a disadvantage, forcing me to search for a broker who will be able to offer greater leverage, that broker will probably be
a non-U.S, based firm. If consumer protection is the motive, maybe varying leverage dependant upon the knowledge of the individual
trader, similar to options, would be an alternative. Realistically, leaving well enough alone, would be the best move for ALL! I am
asking you NOT to regulate change to the 100 to 1 leverage.
Thank You
[email protected]
