Comment Text:
i0-001
COMMENT
CL-00962
From:
Sent:
To:
Subject:
Jayasri Basu
Wednesday, January 20, 2010 11:24 AM
secretary
Re: Proposed Changes in Leverage
Dear Secretary:
I am writing this letter to stop the changes to forex trading rules concerning leverage. Normally 2% of
an account is traded with stop loss in place in case the trade goes against you. In this economic situation
more and more people have chosen forex trading to Rp,~!Rpo~t~,,d,!o~ because of the existing leverage. The
leverage allows a person to hold a micro account to cope with the existing recession and
unemployment. If this leverage is taken away, more and more people will resort to foreign trading
accounts, and in the long run the government will lose the ~t,,a,},,,r,~y,~,~o~e,,s, that can yield from profitable
trades, and hence, it would only negatively affect the economy. I therefore, would URGE YOU
NOT
to PASS any
CHANGES REGARDING LEVERAGE!!!!!
Concerned citizen,
Jayasri Basu