Comment Text:
i0-001
COMMENT
CL-06951
From:
Sent:
To:
Cc:
Subject:
Mark Jackson
Friday, March 12, 2010 7:54 PM
secretary
[email protected]
'Regulation of Retail Forex'
RIN 3038-AC61
Secretary of
CFTC,
The proposed regulation "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
I, and most likely, nearly all retail forex customers will not continue to trade in the USA if this regulation passes,
just more jobs and money moving out of the US...and I would like to know why? Is it because it's easier to
regulate if you have nothing to regulate?
This should not be allowed to pass and now you have one more US citizen telling you so.
Regards,
Mark