Comment Text:
i0-001
COMMENT
CL-07338
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Sent:
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Cc:
Subject:
[email protected]
Saturday, March 13, 2010 1:31 PM
secretary
cftcfeedback@fxdd, com
RE: proposed forex leverage 10:1, 'Regulation of Retail Forex'
RIN 3038-AC61
I have been trading forex for 3 years. I know the risks of trading and accept them. If you change the leverage
from 100:1 to 10:1 you will effectively destroy the retail forex market! The only trading going on will be market
makers and banks. The small investor will be shutout. This is not capitalism. This is excessive
government intervention. This will lead to the destruction of a valid financial market for millions of
Americans. Its Un-American.
Thank you,
Chris Munce
