Comment Text:
i0-001
COIMMENT
CL-06196
From:
Sent:
To:
Subject:
Kadie
Friday, March 5, 2010 12:08 PM
secretary
Leverage Proposal for Forex Market
To whom this may concern,
The new 10:1 leverage proposal for the forex market should not be placed into effect! I understand that
you are trying to protect investors because you may have had complaints from people who have said that
they didn't understand the concept. To that I say, they should have understood that it is a financial
market that comes with risk. When the market is as uncertain as it has been over the last few years,
people are very likely to lose money, just as I have. But when the market was more stable, and everyone
was making money, there is no way that you would hear the complaints that you hear now. I understand
the financial system is all under tremendous scrutiny and I am sure that it is as well in the futures
markets as well. But if you pass this proposal it will take the little man out of the running for a chance
at future success in this market.
Thank You
David Johnstun
(808) 295-7213
david.j ohnstun@gmaih corn
