Comment Text:
i0-001
COMMENT
CL-08208
From:
Sent:
To:
Subject:
Diamond Forex
Wednesday, March 17, 2010 1:59 PM
secretary
Regulation of Retail Forex
Good afternoon,
I am compsing this email to the CFTC know that I, along with countless
others I am sure, are vehemently opposed to changing the retail forex
leverage to 10:1. I am a new forex trader and this would knock me, the
little guy, out of the ball park. I'm sure it is not the CFTC's
intention to do this, but this is exactly what will happen if the
leverage rules are changed. I read somewhere that this rule is to
"protect the public". Well I am the public and this will not protect
me, but hinder me from participating in the Forex retail market in the
U.S. Please listen to the public and do not change the leverage
requirements. Thank you.
RIN 3038-AC61
