Comment Text:
i0-001
COMMENT
CL-07805
From:
Sent:
To:
Subject:
Erik Voges
Tuesday, March 16, 2010 11:38 AM
secretary
re: Regulation of Retail Forex
Dear Sir/Madam
RIN 3038-AC61
The legislation proposed by the CFTC that would limit retail forex brokers to offer a leverage of 1:10 is unacceptable. It is clear
that this is a politically motivated change in legislation, favouring market makers that offer exchange traded products.
There is no valid reason, as far as the retail investor is concerned, for this legislation. As an experienced investor and retail
forex account holder I am officially stating my position AGAINST the proposed legislation.
Sincerely yours
Erik W. Voges
