Comment Text:
i0-001
COMMENT
CL-04571
From:
Sent:
To:
Subject:
[email protected]
Saturday, January 30, 2010 9:26 AM
secretary
leverage change on forex trading
I feel the institution of a leverage change to 10:1 for forex trader would unfairly penalize the
middle class investor who prudently invests in currency transactions, favoring the large
institutions which probably use the 10:1 in any circumstance. Again in an effort to protect
those who don't read the diclosures offered by the forex trading brokers will penalize those of
us who do realize the risk involved and invest prudently. Please consider leaving the leverage
at 100:1 or at a minimum 50:1 so as to allow the mediaum sized investors to maximize profit
potential. This isn't a derivitive or hedge fund scheme conducted by the big banks, but rather a
chance for the little guy to participate in an exciting, volitile market with limited resourses and a
well defined limitation of risk which we are willing to accept.
Sincerely
R.D. Kocher
