Comment Text:
i0-001
COMMENT
CL-03925
From:
Sent:
To:
Subject:
[email protected]
Monday, January 25, 2010 9:39 PM
secretary
Re: Regulation of Retail Forex
RIN 3038-AC61
Hi
Regarding the proposed Regulation of Retail Forex changes (RIN 3038-AC61).
I understand that you would like to limit losses of FX traders.
Traders loose money because they do NOT know what they are doing, not because of leverage, or hedging. I am
one of them.
Limiting the leverage does NOT prevent traders from entering maximum lot size per their account size and
therefore loosing their account faster.
So
therefore I think that your proposed changes will only affect those who Do know what they are doing, and as a
result are not loosing their accounts.
Thank you
Randy Anderson
