Comment Text:
i0-001
COMMENT
CL-01897
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Sent:
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Subject:
Gerald Deer
Thursday, January 21, 2010 2:43 PM
secretary
Regulation of Retail Forex
I'm strongly against the new regulation asking brokerage firms to lower the leverage from 100:1 to 10:1.
That would make it much harder to manage an account and would also cause a change in trading
strategy which required years to create.
There's nothing wrong with the current leverage amounts, Do not change what isn't causing a problem.
Warm Regards,
Gerald Deer