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Comment for Proposed Rule 75 FR 3281

  • From: Mike Kadlec
    Organization(s):

    Comment No: 282
    Date: 1/17/2010

    Comment Text:

    i0-001
    COMMENT
    CL-00282
    From:
    Sent:
    To:
    Subject:
    Mike Kadlec
    Sunday, January 17, 2010 11:55 PM
    secretary
    [] Regulation of Retail Forex []
    I am absolutey not a fan of the proposed 10:1
    leverage for trading forex. Higher leverage is good
    for experienced traders and it forces the novice to
    become better educated thereby making forex
    training a necessary business. Greatly lowering the
    leverage will shut down many forex brokers,
    educators, and trainers.