Comment Text:
i0-001
COMMENT
CL-00085
From:
Sent:
To:
Subject:
[email protected]
Friday, January 15, 2010 1:18 PM
secretary
Regulation of Retail Forex
Dear Ladies and Gentlemen,
I am a retail trader and I am strongly opposed to the 10:1 leverage
proposal by the CFTC. This regulation will drive many of the smaller
guys out of the markets entirely or to offshore (ie unregulated) brokers.
The liquidity provided by retail traders increase the efficiency of the
markets. Removing them, or unfairly pricing them out of the markets will
result in increased price volatility overall and decrease the efficiency
of the markets which is bad for everyone.
Please reconsider this proposal.
Thank you
Robert Stauch
