Comment Text:
i0-001
COMMENT
CL-07170
From:
Sent:
To:
Subject:
writtenwork@yahoo, com
Saturday, March 13, 2010 4:53 AM
secretary
Public Comment Form
Below is the result of your feedback form. It was submitted by
(writtenwork@y ahoo.com) on Saturday, March 13, 2010 at 04:52:52
commenter_subject: Regulation of Retail Forex
commenter_frdate: January 20, 2010
commenter_frpage: 3282-Vol. 75, No. 12
commenter_comments: I am very much against placing a limit on the
leverage available to retail customers at 10 to 1.
Only recently have the doors opened for retail
investors to trade in this market; these doors are
effectively closed through the proposed rules, once
again making the FX market accessible only to
financial institutions. Currently, the CFTC
enforces 100:1 leverage (a 1% margin requirement)
to open and maintain a position on a forex
transaction. I feel that this is sufficient
protection for the consumer, Please leave it that
way.
Thank You.
commenter name: Fawn Martin
commenter withhold address on: ON
commenter addressl: 9658 Westminster Ave. # 69
commenter_city: Garden Grove
commenter state: CA
commenter_zip: 92844
commenter~hone: (714) 636-8581
