Comment Text:
i0-001
COMMENT
CL-03864
From:
Sent:
To:
Subject:
eduardo campain
Monday, January 25, 2010 6:00 PM
secretary
Good day,
As a trader of the forex exchange market, I find the new regulation to limit the leverage to 10:1 to be a
huge mistake. The professional and traders alike will simply go to of shore accounts to conduct
business. Please consider the regulation as over guarding the boundaries of the business. It is important
that traders know that the disclaimers are prevelant in trading and a loss of capital is a risk. But without
risk aversion their is no reward. All investments including the stock markets have risk. A trader must
weigh his or her risk to reward ratio. I need at least 1:100 leverage to make a living as a trader. Passing
this regulation will only cost the government tax monies collected from traders and will surely have
them look at off shore accounts.
Thanks,
E.C
