Comment Text:
i0-001
COMMENT
CL-05676
From:
Sent:
To:
Subject:
Tom Dion
Tuesday, March 2, 2010 2:24 PM
secretary
Proposed reduction of 100:1 leverage for retail Forex brokers
Secretary,
As an American, I want you to keep your hands off of my leverage. You
are hurting the masses to help the few. Thousands of traders rely on
high leverage to trade Forex effectively. By removing this tool from
our toolbox, you limit the potential of everyone.
I think a better solution is to require a test be taken by each person
opening a 100:1 account that shows they are competent with the risks
they are taking. We allow Americans to drink alcohol, knowing that
there are risks for drinking too much and driving. The same should be
true with leverage.
Very Respectfully,
Thomas W. Dion, MS
