Comment Text:
i0-001
COMMENT
CL-07592
From:
Sent:
To:
Cc:
Subject:
alkafka
Monday, March 15, 2010 6:56 AM
secretary
[email protected]
'Regulation of Retail Forex'
Dear Mr. David Stawick,
Secretary Commodity Futures Trading Commission
I am writing to voice my objection to the proposed change to RIN 3038-
AC61. Wherein "leverage in retail Forex customer accounts would be subject to
a 10-to-1 limitation". My understanding of this change means that a 10:1
leverage would be the maximum amount allowed for Forex traders in the U.S.
Please note, I strongly object to this change and request that you reconsider the
recommendation to proceed with this change.
Yours truly,
AI Kafka
2003 Greenbriar
Harbor Springs, MI 49740