Comment for Proposed Rule 75 FR 3281
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From:
Darrin
Organization(s):
Comment No:
1818
Date:
1/21/2010
Comment Text:
i0-001
COMMENT
CL-01818
From:
Sent:
To:
Subject:
[email protected]
Thursday, January 21, 2010 12:43 PM
secretary
'Regulation of Retail Forex'
Hi,
I have been trading forex for 14 years and moving up the leverage is a big mistake. Forex is so liquid that there
is no reason to change the leverage, and small investors will not be able to trade the markets. Another thing is
that unlike other products, (futures) forex most brokerages limit the amount that you can loose. You can't loose
or owe more then what is in your account, so you are protected. Forex makes so little moves having the extra
leverage gives it returns on your investment similar to other investments.
Please don't mess with something that is really important to forex investors!
Darrin
RIN 3038-AC61
