Comment Text:
i0-001
COMMENT
CL-07238
From:
Sent:
To:
Cc:
Subject:
Rose Pettett
Saturday, March 13, 2010 9:25 AM
secretary
[email protected]
REGULATION OF RETAIL FOREX
Dear Sir/Madam,
I would like add my humble self to the thousands of traders around the world who are anxiously
astonished at the probabilty of your intention to reduce the leverage of Forex Trading.
For I feel a most terrible disappointment, a deep sadness and utter
desperation that you, CFTC would consider destroying an on-going
incredible system of Forex trading that has proven itself so successful
and cherished as such.
To reduce leverage is iconoclastic because it would destroy the very foundations of Forex Trading as
we know today.
Wherefore are your reasons for such a insensitive move?
Inglorious and unjustifiable.
You are a Commission, I am only one,You hold the final vote -- so I plead for myself and my fellow
traders:
PLEASE use your wisdom and see that by reducing leverage you will annihilate not only the Forex
Market but the majority of us who have so far contributed to its healthy existence.
Thank you for listening and most of all, thank you for NOT voting to reduce leverage.Thank you for
allowing the continuance of a good thing.
Yours sincerely,
Rose Pettett