Comment Text:
i0-001
COIMMENT
CL-06849
From:
Sent:
To:
Subject:
[email protected]
Friday, March 12, 2010 5:09 PM
secretary
Regulation of Retail Forex
Dear Sir:
I must strongly disagree with the CFTC's proposal to limit leverage in retail forex customer
accounts to 10-1. I have an account with a forex broker and find this market an excellent
means to diversify my portfolio. However, this proposed change in leverage would be an
onerous burden on my continued participation. While I applaud the CFTC's efforts to raise
minimum capital requirements for forex brokers, as well as other anti-fraud measures, I feel
the leverage limitation is unfair to the retail customer.
Andrew Russell
