Comment Text:
i0-001
COMMENT
CL-01986
From:
Sent:
To:
Subject:
David Misselhorn
Thursday, January 21, 2010 4:43 PM
secretary
Regulation of Retail Forex
To who ever is reading this
If you decide to impose the regulations are they are currently being proposed you are going to seriously
put both your Forex traders and their brokerages at a disadvantage to much of the rest of the world.
Basically if you impose this regulation I will be moving my account to Australia where I will be able to
get an account with 100/1 leverage. This model has worked for years. The individuals that this has
caused problems for are people who don't know what they are doing and the brokerages protect them by
issuing margin calls.
Individuals in congress do not trade Forex and do not understand what they are proposing.
Please re-think this policy and come up with something better.
Thank You
David Misselhorn
Forex Trader
