Comment Text:
i0-001
COMMENT
CL-07896
From:
Sent:
To:
Subject:
Loralin Dewey
Tuesday, March 16, 2010 1:21 PM
secretary
Regulation of Retail Forex
DearCFTC,
I am greatly concerned about proposed regulation curbing leverage in the Retail Forex market, per R1N
3038-AC61. I am very much opposed to any legislation that would limit leverage in trading forex.
While the CFTC has a role of protection and safety, such legislation would render U.S. traders
completely noncompetitive in the world market, and may even drive traders off shore. I'm sure the
CFTC would have even less impact or control under such circumstances.
Thank you,
Loralin Dewey