Comment Text:
i0-001
COMMENT
CL-08916
From:
Sent:
To:
Subject:
Steve G
Monday, March 22, 2010 10:05 PM
secretary
Regulation of Retail Forex leverage
Secretary David Stawick,
I would like to express my deep displeasure regarding RIN 3038-AC61 and the provision to
limit retail forex trading leverage to 10:1. I won't waste my time detailing why this is a poorly
thought out idea since I don't believe my reasoned objections would make any difference.
These "public comment periods" are, more often than not and now more than ever, a joke. I
know many traders and they are all against it. I know many of the brokers, if not all of them,
have formed a group to try and bring reason into the debate. I will be shocked if it does not
happen anyway.
Shock me.
Steve Gallagher
