Comment Text:
i0-001
COMMENT
CL-02340
From:
Sent:
To:
Subject:
Tim Primavera Sr.
Thursday, January 21, 2010 10:53 PM
secretary
New 10:1 Leverage Proposal
Hi
If you guys change Forex Trading to 10:1 leverage, Forex trading will no longer be a viable trading
instrument.
Even at 100:1, It is barely enough leverage to make Forex Trading worth it, but it is at least
manageable. If we as Forex traders over leverage ourselves, the brokers will automatically close out
the positions. The banks protect themselves. We as Forex traders understand leverage and how it
works for us and or against us. You already lowered it to 100:1, leave it alone, please!! This is how
many of us make a living. You will put the majority of us out of business if you lower it to 10:1. Thank
you for your consideration,
Tim Primavera Sr.
Phone: 440-667-7967 Fax: 516-977-4329
E-Mail:
[email protected]
"For God so loved the world, that He gave
His only begotten Son, (JESUS), that who
so ever believeth in Him should not perish,
but have everlasting life." (John 3:16)
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