Comment Text:
i0-001
COMMENT
CL-04118
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Christine Leonard
Tuesday, January 26, 2010 5:54 PM
secretary
Distressing news
What a pity that the real wisdom shown in curbing malpractice amongst dubious US brokers is completely
turned around by the error of the new proposed 10-1 ruling. This is the sort of misjudgement which is
emasculating our world society - to force such a ridiculously high level of 'security' that half of the world's
traders, now learning to trade - and trading - sensibly on their own judgement, are forced either not to
trade at all by shortage of the required funds to make sensibly inter-balanced trades or to move into less
comfortable environments in other parts of the world, thereby taking their money elsewhere. It does seem
that sensible, intelligent people will be forced underground to find ways to continue trading in a way they
can afford to. I believe our world economy now is balanced by having something for all - in the varied and
independent ways in which traders and other investors can all together keep money moving freely in the
markets and thereby produce an overall balance.
I dearly hope that this proposal will be re-thought.
Chdstine Leonard
Tel:
01962-870746
Mobile: 07703 040185
email: [email protected]
[email protected]
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