Comment Text:
i0-001
COMMENT
CL-07901
From:
Sent:
To:
Cc:
Subject:
[email protected] on behalf of
John & Kathy Lathan
Tuesday, March 16, 2010 1 : 18 PM
secretary
[email protected]
Regulation of Retail Forex
To: [email protected]
RE: R1N 3038-AC61
Mr. Stawick (Secretary of the CFTC)
This email is in regard to the proposed leverage reduction on retail Forex transactions from 100:1 to
10:1.
Those of us who trade for a living - or just as a hobby - are fully aware of the risks associated with
Forex trading -- we take specific steps to protect our positions. We do not need another "watchdog"
looking over our shoulders as we trade.
We urge you reconsider this proposal, and NOT reduce the allowable leverage to the 10:1 level.
Thank you..
John & Kathy Lathan
New Hope, MN 55428
