Comment Text:
i0-001
COMMENT
CL-03733
From:
Sent:
To:
Subject:
Marcus Millgate
Monday, January 25, 2010 9:14 AM
secretary
Comments on proposed Regulations regarding Retail Forex transactions
Dear Sir
RIN 3038-AC61
As a live trader, I think it's a good thing that Regulations are being considered for Forex Brokers.
However, I'm not sure that limiting leverage to 10-1 would be a good idea - it'll lose it's appeal.
If it has to change, I believe a maximum leverage of around 50-1 would be reasonable and acceptable.
Regards
Marcus Millgate
Kent, England
