Comment Text:
i0-001
COMMENT
CL-06772
From:
Sent:
To:
Subject:
terry retzke
Thursday, March 11, 2010 2:18 PM
secretary
Regulation of Retail Forex
As a small business owner actively involved in the business of FOREX tradinl~, I am opposed to the reduction of leveral~e to 10:1 for retail FOREX
transactions. I don't see any benefit to this at all, only downside. No one is forced to leveral~e their accounts to 100:1, most platforms allow for a
reduction of leveral~e if the client doesn't want the 100:1 leveral~e. In addition, it is the responsibility for all traders to trade safely and within their
financial means. Reducinl~ the leveral~e won't help traders that are irresponsible and will take away a key asset to responsible traders.
Thanks for your consideration,
Terry Retzke
1062 Elm Road
Cedarburl~, Wl 53012
si,~nuptr~gmail .com
