Comment Text:
i0-001
COMMENT
CL-07660
From:
Sent:
To:
Cc:
Subject:
[email protected]
Monday, March 15, 2010 4:23 PM
secretary
cftcfeedback@fxdd, com
please note
I'm writing this email to voice my opposition to the proposed regulation that would limit leveraging in retail Forex
customer accounts to 10:1. I appreciate the increased risks that leverage can have on some investors; but, I
don't believe its the federal government's role to decide for its citizens what level of investment risk is
appropriate. Rather, I think its the federal government's responsibility to ensure that the risks are clearly
communicated and understood. Doing more than this is a breach of government authority and will simply drive
investors to offshore accounts.
Sincerely Gail Young