Comment Text:
i0-001
COMMENT
CL-01421
From:
Sent:
To:
Subject:
Thomas B
Thursday, January 21, 2010 12:38 AM
secretary
Regulation of Retail Forex
RIN 3038-AC61
Regarding proposed changes to leverage requirements
I believe that it should be up to the individual investor to determine which level of leverage is
appropriate for his]her situation. It would be a great detriment to me as a trader and to the
competitiveness of the US forex market if these proposed leverage reductions would come to
pass. Many investors]traders, including myself, would in such a situation be inclined to seek out a
market, most likely outside of the United States, that offer better trading conditions. The current
regulation that sets minimum capital requirements for forex brokers go a long way to protect
investors and there is simply no need what so ever to impose stricter margin requirements.
Best regards,
Thomas Bengtsson
