Comment Text:
i0-001
COMMENT
CL-05874
From:
Sent:
To:
Subject:
raymorris l@comcast, net
Thursday, March 4, 2010 12:37 AM
secretary
Regulation of Retail Forex
To whom it may concern:
I am a current Forex investor and would like to express my opposition to the proposed changes in leverage
structure from 100 to 1. Using leverage has allowed me to make biggers and more consistent gains. While
investing at a rate of 100:1 I will only need to risk 1 dollar of my own money to control 100 dollars. Under
proposed legislation I will need to risk 10 dollars of my own money. Please remember I can only lose my
initial investment. Under your rules you actually expose investors to and increased amount of risk.
Thanks
Ray Morris
