Comment Text:
i0-001
COMMENT
CL-04995
From:
Sent:
To:
Subject:
David Cantamessa
Thursday, February 4, 2010 1:58 PM
secretary
Regulation of Retail Forex
Dear Secretary,
It is my firm belief that a change in leverage to a limitation of 10 to 1 would hinder not only the US
retail market for Forex but also hurt the small retail investor such as myself. I do not have much money
but with proper risk management strategies I have been able to successfully trade Forex for almost a
year now with much better success then trading stocks because of the high commissions relative to my
small account size. Without the opporunitiy for myself as a small but knowledgeable investor to have
access to higher leverage 1 would be forced to liquidate my Forex account with a US based company and
move it a European based company where leverage is still available.
