Comment Text:
i0-001
COMMENT
CL-07739
From:
Sent:
To:
Subject:
Scott Welsh
Monday, March 15, 2010 11:31 PM
secretary
Regulation of Retail Forex
Changing the leverage to 10:1 would drive me and hundreds of other forex traders offshore. All of my profitable strategies
demand at least 100:1 leverage, and I am positive this is the case for many, many others.
Furthermore, the NFA determined that 100:1 was fair and there is no need to change.
This change would be a crippling blow to all forex retail traders in the U.S.
Please do not pass this legislation.
Regards,
Scott Welsh
Scott Welsh
Gahanna OH, 43230
scotwelsh@gmail,
corn
