Comment Text:
i0-001
COMMENT
CL-04215
From:
Sent:
To:
Subject:
VIV
Wednesday, January 27, 2010 4:07 AM
secretary
Regulation of Retail Forex
Hello.
About your proposal on
Regulation of Off-Exchange Retail Foreign Exchange Transactions and
In termediaries.
Honestly, its ridiculous. It will hit the retail trader first of all. Personally I don't see any threat in
leverage 1:100 or even higher. Use stops and you are protected. It's a great advantage comparing to
Stocks or commodities or any other instrument. Unless you want to take it away and make Forex
available only for banks. By such measures there is no doubt people will go abroad to get services
they get used to. And what about beginners ? They will need 10 times bigger amount to start. Well
looks like you guys want to get rid of retail forex once and for all.
God bless you and your decisions.
