Comment Text:
i0-001
COMMENT
CL-04965
From:
Sent:
To:
Subject:
Paul Smith
Thursday, February 4, 2010 10:00 AM
secretary
Please do not change the 100-1 Forex leverage
Dear goverment offical:
I am a private investor in the Forex market and I do not wish for you to change the leverageing. From
my point of view we don't need to set up limites on trading rules. What we need is transparency in the
system. The problem is not big financial institutions being highly leveraged. It's that the people who
invest in such companies can't tell what these instituions are doing. They see nice returns and they get
in without considering the risks. The thing
not to do is to make it harder for people to take risk. The
thing to do is to make help augment systems that make it harder for large instatutions to do anything
without the people who invest in those instatusion being able to know what the risks are.
Sincearely,
Paul Smith
