Comment Text:
i0-001
COIMMENT
CL-07661
From:
Sent:
To:
Subject:
paul lehman
Monday, March 15, 2010 4:25 PM
secretary
Regulation of Retail Forex 3038-AC61
Dear Mr. David Stawick,
In Regards to the CFTC Proposal on Regulating Retail Forex to a Leverage of 10:1.
I Strongly Oppose this Action to Limit the Leverage of the Retail Forex Market.
Your Proposed Ruling will Restrict Many Peaple from being able to Participate.
There are Many Peaple that are Not Happy with this Extreme Proposal You are Considering.
I Believe the 100:1 Level the CFTC has Set forth Currently from the 400-500:1 Leverage of
the Past,
Forex.
is Perfect ( 100:1) for Anyone, along with Proper Lot Size Selection for Their Investments in
If You Intend to Make this Industry Better, I Suggest You Focus More on the Brokers Treating
the Customers Fairly,
and Not try to Manage what Peaple are willing to Risk, it is Their Money on the line, and for
The Individual to Decide that.
I as well as Many others do Not Appreciate this Direction You are taking with this Proposal.
In Conclusion i have Said Frankly what i Feel about this Matter and Trust You will Leave the
Leverage at 100:1 for Retail Forex.
Thank You for Your Time and Please Understand this Type Regulation is Not Good for
Anyone interested in Forex.
Paul Lehman
