Comment Text:
i0-001
COMMENT
CL-04294
From:
Sent:
To:
Subject:
Dollie Anderson
Wednesday, January 27, 2010 7:37 PM
secretary
Leverage Limit
Dear Sir:
Please know that I am against lowering the Leverage limit on Forex trades to 10:1.
Traders should be responsible for policing themselves.
I do believe that Forex Brokers should be required to segregate funds and
carry insurance, the same as with the Futures market, and the same as
the U.K. and Canada.
If you limit the Forex trades to a leverage of 10:1, traders will not be trading in the
U.S.A. when they can get higher leverage limits in Canada and the U.K. This
will be unfortunate for the very traders that you are trying to protect.
Sincerely,
Gwendolyn D. Anderson
8922 E. Windmill Acres Road
Prescott Valley, AZ 86315
Phone: 928-772-8584
