Comment Text:
10-002
COMMENT
CL-07813
From:
Sent:
To:
Subject:
Eric Botticelli
Monday, February 15, 2010 12:41 PM
secretary
Regulation of Retail Forex (Margin Change)
With increased risk can come increased gain. The reason we trade the forex is because it allows us to
take increased risks and therefore allows increased gains. Please do not clamp down the forex market to
middle class Americans.
Changing the 100:1 margin to 10:1 forces forex traders to come up with 10 times the capital to make the
same gains they are accustomed to. This forces us to either accept smaller gains/losses or to put more of
our capital on the line,
increasing
the amount of cash we can lose in the market.
( Message ID RIN 3038-AC61 )
