Comment Text:
i0-001
COMMENT
CL-07809
From:
Sent:
To:
Subject:
Gene Miller
Tuesday, March 16, 2010 11:39 AM
secretary
'Regulation of Retail Forex'
I am very concerned about the 10 to 1 leverage that you are proposing. You have forced me to look
overseas for a new Forex account. We already have a disadvantage of 100 to 1 from other counties.
Since we deal almost 100% on the Internet, we can go out side the US to continue our trading. I hope
you do not require the 10 to 1 leverage.
I think by the purposed 10 to 1 leverage regulation, you will make our US Brokers not competitive and
force some of them out of business and put our trading capital at risk of Bankrupcy.
Gene Miller
Miller Trading Company
