Comment Text:
i0-001
COMMENT
CL-08518
From:
Sent:
To:
Subject:
drj [email protected]
Thursday, March 18, 2010 4:46 PM
secretary
Regulation of Retail Forex
To:
David Stawick
Secretary, Commodity Futures Trading Commission
[email protected], NW
[email protected], DC20581
March 18,2010
Dear Secretary Stawick:
As an individual trader of Forex markets, I urge that the recent proposed changes to leverage NOT be made.
My comments relate to identification number RIN 3038-AC61
It is clear that the changes in leverage would hurt American brokers and cost many jobs, as accounts will be
transferred to other countries. The shift to off-shore would also increase risk as there would no longer be the
oversight by the CFTC.
I urge that these changes NOT be made.
Sincerely,
Jon Schmeyer
