Comment Text:
i0-001
COMMENT
CL-00029
From:
Sent:
To:
Subject:
dave@stellarforexconsulting .corn
Thursday, January 14, 2010 5:49 PM
secretary
Regulation of Retail Forex
To whom it may concern:
It has come to my attention that a proposal has been submitted to reduce the leverage amount available to an off
exchange currency trader from 100:1 down to 10: 1. I want to submit my opinion in that I am completely against
this proposal. Whatever happened to the freedom for traders? Yes, with greater leverage there is greater risk, but
anyone and everyone who opens an account is filled in on the inherent risks of trading the forex market. Instead of
limiting everyone with this outrageous proposal, why not work a little closer with the brokers to offer smaller
leveraged accounts as well as 100: 1. We have already been robbed of 200:1 and higher, please allow us the
freedom to trade accounts with the leverage as it was intended. At least 100: 1. Thank you for your consideration.
Happy Trading,
David Bishoff
Currency Trader
