Comment Text:
i0-001
COMMENT
CL-05610
From:
Sent:
To:
Subject:
Roger Stidham
Saturday, February 27, 2010 10:27 AM
secretary
Please consider .......
To Whom It May Concern:
I've been made aware of a potential regulation switch in forex trading. Please consider that many of us who are
learning forex, and having some success, are small time investors who don't have a lot of capital to trade with. New
regulations about 10:1 leverage requirements instead of the current 100:1 would essentially put us out of the game
before we actually learn to play. It would make trading almost financially "dangerous" as it would put us more at
risk in an already complicated classroom of risk management.
I thought that over the last several years that move has been to make trading the foreign exchange market more
accessible, not less, for the average investor. This seems to be shifting evidentally. Not just investors, but the
brokers that look to recruit investors will be affected negatively. I strongly encourage you to reconsider this change.
Roger Stidham
