Comment Text:
i0-001
COMMENT
CL-03211
From:
Sent:
To:
Subject:
Kris Pivo
Saturday, January 23, 2010 10:5l AM
secretary
Regulation of Retail Forex
Dear Secretary,
I am a retail forex investor and I would like to obj ect to the proposed regulation, reducing the leverage in
the forex market from 100:1 to 10:1.
This is for two reasons:
1. Futures are allowed to have leverage higher than 10:1, and more importantly
2. Leverage of 10:1 will increase the transaction cost per standard lot ($100,000).
Isnt the regulation intended to protect the retail investors?
Best regards, Kris
