Comment Text:
i0-001
COMMENT
CL-05991
From:
Sent:
To:
Subject:
Luis Cadavid
Thursday, March 4, 2010 11:40 AM
secretary
Regulations of Retail Forex
Hello,
I am a forex trader and I just wanted to say that reducing the leverage to 10:1 would limit many
of us traders to continue preforming our investments. As it is I believe its good because we all
get the opportunity to trade under reasonable margins. Reducing the leverage will only
decrease the number of traders, which will hurt many families across the US who have money
invested in this market, not to mention countless of traders who will have to stop investing
because of such a measure. These secondary effects of reducing the leverage will mean less
tax income to the government and a decrease spending, which this country is need off to
revive its economy. Help the country stay in a path to recovery don't hurt the economy even
further.
Please don't decrease the leverage as the traders need it and the country needs it as well.
Sincerely,
Luis Cadavid
FX Trader
