Comment Text:
io-ooi
COMMENT
CL-08613
From:
Sent:
To:
Subject:
AI Byrd
Friday, March 19, 2010 2:35 PM
secretary
Regulation of Retail Forex
To: CFTC,
I am strongly against the proposed reduction of Forex leverage. As a participant in the market with a live trading
account, I support regulation that protects online traders from hackers and insolvency such as requiring mandatory
trading account insurance along the lines of FDIC and SIPC. However, restricting leverage to protect traders from
themselves is counterproductive. Please reconsider enacting this proposed damaging regulation.
Thank You,
AB
