Comment Text:
i0-001
COMMENT
CL-06921
From:
Sent:
To:
Cc:
Subject:
Stephen COONEY
Friday, March 12, 2010 7:34 PM
secreta ry < secreta ry@ C FTC. g ov >
cftcfeed ba ck@ fxd d. corn
'Regulation of Retail Forex'
Mr Secretary,
Regarding limiting the leverage in retail Forex customer accounts in the USA to a 10-to-1, (RIN
3038-AC61), I believe it would be another bad mistake for the free enterprise system in America
and would only force most US forex traders to look off-shore for Trading companies outside your
jurisdiction ......... and stifle yet another part of the US economy by forcing many US based trading
houses to close thier doors.
Sincerely
Stephen Cooney
Forex trader