Click Here To Read The Article "CFTC proposal limiting U.S. retail FX leverage to 10:1"

As some of you already know, 2 days ago the CFTC announced the publication in the Federal Register of proposed regulations concerning FX retail transactions. The plan is to set the maximum leverage in US retail forex transactions to 10:1 - that's 10 times lower than the 100:1 cap set by the NFA a short while back. It's absurd how they came up with this stuff in such a short time after the 100:1 cap.