Comment Text:
i0-001
COMMENT
CL-01280
From:
Sent:
To:
Subject:
Sukhen Mitra
Wednesday, January 20, 2010 10:13 PM
secretary
Regulation of Retail Forex
Sub: RIN 3038-AC61
Sir/Madam,
I am a trader in retail currency market and I survive by trading. If the proposed 10:1 leverage
becomes effective, I'll not be able to trade at all.
In this market, I solemnly believe that we traders should be given a fair choice to set/adjust
leverage (or exposure) for our trades. To me, it seems 200:1 is an acceptable limit.
So long, leverage in currency markets has never been an issue to most (if not anybody) of us as I
know it. I wish and pray that you leave the leverage matter as it is.
Thank you and best regards
Sukhen K Mitra
