Comment Text:
i0-001
COMMENT
CL-06201
From:
Sent:
To:
Subject:
RIN 3038-AC61
A S
Friday, March 5, 2010 12:19 PM
secretary
comments re: Regulation of Retail Forex
The proposal part that deals with decreasing retail leverage to a maximum of 1:10 is severely limiting to many responsible and
profitable trading strategies that are vital for small to medium size retail accounts. Its adoption will have an effect of worsening
a disadvantage that retail traders in US have vis-a-vis institutions and creating a disadvantage vis-a-vis retail traders based
outside US.
believe that forex leverage up to at least 1:50 / 1:1 O0 should continue to be available for retail accounts.
