The NFA has petitioned the CFTC to lower available leverage on Forex trading to 10 to 1. This will in effect completely KILL ALL retail Forex activity.
You have a small window to object...but it is a done deal unless EVERY SINGLE TRADER emails their displeasure.... to them
If anyone else would like to comment on that they are welcomed to send a note to:
email@example.com with “Regulation of Retail Forex” as the subject line.
People, be nice or they will just throw your emails to garbage and ignore all other more balanced emails....But an OVERWHELMING response is the only way they will take note....although I doubt anything short of a miracle can save us.