Comment Text:
i0-001
COMMENT
CL-02568
From:
Sent:
To:
Subject:
Fabio E. Ramirez
Friday, January 22, 2010 10:02 AM
secretary
R1N 3038-AC61
The purpose of this email is to let you know how the above captioned proposal, 10:1 leverage, would
affect me in the Forex trading. I do understand your intentions in trying to control the amounts of
dollars being used in the trading business. There are a lot of big investors or traders that might not be
affected as much by your proposal, because they have large accounts that could cover the minimum
required amount needed to trade in larger lots. As a small trader, I do not have a $10,000 account
required to trader larger lots. A $1,000 - $2000 account could face liquidation if the 10:1 leverage is
implemented. That means a small trader, like me, will be eliminated. I encourage you to look at how the
small investor, trader, will be affected by your decisions.
Sincerely,
Fabio E. Ramirez
