Comment Text:
i0-001
COMMENT
CL-04951
From:
Sent:
To:
Subject:
Carlos Valencia
Thursday, February 4, 2010 8:49 AM
secretary
Regulation of Retail Forex
Please consider my comments about the proposal of limiting the leverage to 10-1 in
Forex accounts. I don not agree with this proposal given that ir would limitate the
access of small capitals to this market.
Please consider that limiting leverage is not a solution to protect investors. If an
investor doesn't have good money management practices, that person would loose all
the money in the account nomatter how high the leverage is.
Thanks for your attention;
CARLOS VALENCIA