Comment Text:
i0-001
COMMENT
CL-05622
From:
Sent:
To:
Subject:
[email protected]
Sunday, February 28, 2010 1:40 AM
secretary
Public Comment Form
Below is the result of your feedback form. It was submitted by
([email protected]) on Sunday, February 28, 2010 at 01:40:24
commenter_subject: Regulation of Retail Forex
commenter_frdate: 01/20/2010
commenter_frpage: 3282
commenter_comments: I would like to oppose a new regulation mandating
that U.S.-based Forex brokerages implement a
maximum leverage of 10:1 ratio on margin accounts.
I believe that it is up to the individual trader to
determine the amount of leverage that he or she is
comfortable with, and the current maximum ratio of
100:1 is adequate enough, and should not change.
The great thing about retail forex IS the large
amount of leverage, and if it's regulated even
more, then it would be a grave mistake, and I am
not alone with this sentiment.
commenter_name: Jackson T. Nongyow
commenter_withhold_address_on: ON
commenter_addressl: 15 Greenland Ave
commenter_city: Ewing
commenter_state: NJ
commenter_zip: 08638
commenter_phone: 609-937-3870
