Comment Text:
i0-001
COMMENT
CL-08176
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Subject:
rj ames 1673 @comcast.net
Wednesday, March 17, 2010 11:49 AM
secretary
regulation of retail forex
RIN 3038-AC61
Leverage should be left at 100 to 1 maximum for forex trading. That is a reasonable amount
that an average trader can manage. If you lower it, US traders will move their accounts
overseas as will I even though we will not be as protected from foreign crooks.. US forex
trading firms will be crippled needlessly.
You can not control the international forex market. It is world wide free market. Keep it free in
the US. How do you justify your attempts to restrict leverage that the free market provides?
Your job is to protect traders in america, not from ourselves, but crooks.
Please post your motives to your website in big letters after you email that answer to me.
Thank you.
robert james
