Comment Text:
i0-001
COMMENT
CL-04552
From:
Sent:
To:
Subject:
Paul Wilmot
Saturday, January 30, 2010 4:30 AM
secretary
REGULATION OF RETAIL FOREX
Dear Secretary,
I am alarmed to hear about the proposals to reduce leverage to 10:1 in retail Forex trading. It is not the responsibility of
government to prevent us from trading with high leverage, it is the the responsibility of the TRADER to understand the risks
involved and act accordingly.
I have spent the last two years working out how the Forex works, am finally making money on a regular basis and can't
believe that this should be put into jeopardy by misguided regulatory action.
Yours,
Paul Wilmot
