Comment Text:
i0-001
COMMENT
CL-03458
From:
Sent:
To:
Subject:
Sergio
Sunday, January 24, 2010 4:28 AM
secretary
Regulation of Retail Forex - RIN3038-AC61
Dear Mr. Gensler,
I response to the proposed changes in[] RIN3038-AC61, I believe that a better solution would be to offer the
option of reducing our leverage by choosing one of the brokers who already offer this option. [] Every trader
knows the risk and reward of trading a high leverage account. Some brokers already give us the option to lower
our leverage. Making it mandatory to lower our leverage would be unfair to the responsible traders who know how
to manage our accounts. To protect traders a better solution would be that all brokers offer the option to decrease
or increase our leverage. This would give traders both protection and freedom.
Sincerely,
Sergio Ramirez
