Comment Text:
i0-001
COMMENT
CL-08506
From:
Sent:
To:
Cc:
Subject:
Justin Kelana
Thursday, March 18, 2010 1:03 PM
secretary
[email protected]
Regulation of Retail Forex
RIN3038-AC61
Dear Mr. Secretary
I am writing to this message to voice my opinion in objecting to the reduction in leverage of forex
trading. In my opinion the maximum 10:1 (ten percent) leverage under proposed regulations is much too
low for viable forex trading. Furthermore, I believe the new leverage under proposed regulations
are also not good for forex brokers in the U.S., because unhappy forex traders will move their U.S. forex
accounts to overseas forex brokers who still offer reasonable leverage.
Thank you so much for your attention and consideration.
Kind regards
Justin Kelana
