Comment Text:
i0-001
COMMENT
CL-02820
From:
Sent:
To:
Subject:
Robin Gomm
Friday, January 22, 2010 3:56 PM
secretary
forex trading
I understand that there is a proposal in the pipeline to limit leverage on forx transactions to a maximum of 10:1
I am a small trader, using the forex market to provide me with modest additional income that gives me a greater
degree of independence - I am 76 years old, and do not recive or seek state handouts..
Could you please advise me what the objective/s is/are in imposing this limitation, given that forex rading is
subject to margin calls that already give more than adequate protection against abuse
Yours sincerely
Robin Gomm
