Comment Text:
i0-001
COMMENT
CL-08531
From:
Sent:
To:
Subject:
GARY KOZLUK
Thursday, March 18, 2010 6:50 PM
secretary
Regulation of Retail Forex
I strongly disagree with proposed CFTC changes in regulations concerning leverage available to retail customers
through retail foreign exchange dealers.(ID# RIN 3038-AC61). The current leverage maximum of 100 to 1 is more
than adequate to protect traders. If the proposed leverage is changed to 10 to 1 it will encourage me and most
likely many others to go to foreign dealers where regulations and protection of the retail trader will worsen. I am in
favor of a $20,000.000 minimum net capital standard for brokers/dealers.
Gary Kozluk