Comment Text:
i0-001
COMMENT
CL-05563
From:
Sent:
To:
Subject:
Peter Nantz
Tuesday, February 23, 2010 6:12 PM
secretary
Regulation of Retail Forex - RIN 3038-AC61
To whom it may concern:
With regard to the proposed leverage changes included in RIN 3038-AC61, let me offer my vote of disagreement. I
say this for two main reasons:
1. Risk can be controlled regardless of leverage, as you know. 400:1, 100:1, heck 1000:1 is relevant only to the
extent that the leverage is part of the position size calculation.
2. Reduced leverage will only encourage smart money to leave the country.
Thank you,
Peter Nantz
704-746-4317
