Comment Text:
i0-001
COMMENT
CL-06950
From:
Sent:
To:
Cc:
Subject:
Jac ColOn
Friday, March 12, 2010 7:54 PM
secretary
[email protected]
Regulation of Retail Forex
RIN 3038-AC61
I understand that according to the CFTC, "leverage in retail Forex customer accounts would be subject to a 10-
to-1 limitation," which means 10:1 leverage would be the maximum amount allowed for Forex traders in the
U.S.
Please do not move forward with this recommendation. The American people are not dummies. We are intelligent
enough to make our own decisions as to how much leverage to use and do not need nor want the government to
constantly make decisions for us.
Respectfully,
Jose A Colon
