Comment Text:
i0-001
COMMENT
CL-03236
From:
Sent:
To:
Subject:
j anraseng@googlemail, corn
Saturday, January 23, 2010 11:49 AM
secretary
Regulation of Retail Forex
identification number RIN 3038-AC61
I share many retail clients concerns about your intentions of curbing the leverage. Admittedly, 400:1 was rediculous, however
proposing 10:1 is as ridiculous! I get the feeling this is a commercial move by the large institutions to kill the private trader -
I can only suggest you don't like individuals trading on their own. This appears a deliberate attempt to undermine the private
trader and this motion has no merrit from where I'm sitting.
The problem doesn't sit with us who use our own money but rather institutions who use client's money!
I wish you to reconsider this propostorous regulation!
Regards
Jan Ras
Sent from my BlackBerry® wireless device
