Comment Text:
i0-001
COMMENT
CL-03433
From:
Sent:
To:
Subject:
Edgar Mcfarlane
Sunday, January 24, 2010 12:13 AM
secretary
Proposed Leverage change for FOREX
Good Morning
The reason I am writing this email is to inform you that the proposed leverage change for the FOREX. I
think the 10:1 leverage proposal is totally uncalled for and ludicrous. This will halt allot of traders from
trading and making extra money in this horrible economy. At a time when job loss are at a all time high
and many people are struggling to make ends meet.
This will also force allot of people to move their accounts offshore thus cutting jobs in the brokers and
put less fuel into the economy.
In closing I am against the proposal and also my fellow traders are as well.
Thanks
Edgar Mcfarlane