Comment Text:
i0-001
COMMENT
CL-00214
From:
Sent:
To:
Subject:
[email protected]
Saturday, January 16, 2010 10:51 PM
secretary
Public Comment Form
Below is the result of your feedback form. It was submitted by
([email protected]) on Saturday, January 16, 2010 at 22:50:37
commenter_subject: Regulation of Retail Forex
commenter_frdate: January 13, 2010
commenter_frpage: 5772-10
commenter_comments: I cannot comment on the minimum capital
requirements for firms but I can comment on the
minimum leverage for the retail trader. Limiting
leverage to 10:1 will make it impossible for many
traders including myself to be able to make a
living trading the foreign exchange.
The recent limitation of 100:1 has made if
difficult but reducing it any more will make it
impossible.
Please think of the ramifications before making
this a law. There is currently no reason to change
the way the system is currently working.
commenter_name: Jerry Sutton
commenter withhold address on: ON
commenter addressl: 1003 Krauss Dr.
commenter_city: Eldon
commenter state: Missouri
commenter_zip: 65026
commenter~hone: 5734342197
