Comment Text:
i0-001
COMMENT
CL-06954
From:
Sent:
To:
Cc:
Subject:
Paul
Friday, March 12, 2010 7:57 PM
secretary
[email protected]
'Regulation of Retail Forex'
To whom it may concern
RIN 3038-AC61 limiting Forex traders to a leverage of only 10:1 will cause me to close my 5 Forex
account based in the US
and move them outside the reach of CFTC
The leverage should be 200:1 at a minimum
My little trading will not affect a 3 trillion day trading market
PS:
The last change of FIFO trades damaging enough., why does government always screw thing up
when they think they are helping???
Thank You
Peter Gary