Comment Text:
i0-001
COMMENT
CL-04091
From:
Sent:
To:
Subject:
pravi kanabar
Tuesday, January 26, 2010 3:19 PM
secretary
Regulation of Retail Forex
Dear Sir/Madam
I am quite concerned about the new proposed regulations for limiting leveraging to 10-1. I currently
supplement my low salary income with profit from Forex trades. I'm only able to make this pay because of the
current leveraging of between 50-1 and 100-1. Without this level of leveraging it would be impossible for me to
trade and make it pay.
I am sure that there are thousands of Retail traders in my position and the impact it would have on our lives.
Yours faithfully
Peter Kanab
