Comment Text:
i0-001
COIMMENT
CL-02162
From:
Sent:
To:
Subject:
Douglas Porter < [email protected]>
Thursday, January 21, 2010 7:39 PM
secretary
Forex leverage changes
Dear Mr. Secretary:
I wish to express my opinion regarding the proposed changes in margin/leverage for FOREX trading. I feel
STRONGLY that current leverage rules should be maintained, rather than being changed to 10:1.
Individual traders are perfectly capable of understanding that margin trading has inherent risks. Since margin
trading on FOREX is a zero-sum game, one traders gain is another loss, therefore changing trading margins
would make essentially no difference in the markets!
Please leave the FOREX market margin levels as they are! The nations current financial problems have nothing
to do with FOREX leverage levels!
Doug Porter
Bourbonnais, Illinois
