Comment Text:
i0-001
COMMENT
CL-00507
From:
Sent:
To:
Subject:
Jason
Tuesday, January 19, 2010 11:50 AM
secretary
'Regulation of Retail Forex
RIN3038-AC61
It is my understanding that you are considering limiting the leverage on retail forex trading accounts. Have you considered
what this will do to those independant traders who derive their income from trading forex? If a trader is CUlTently make
$150,000 per year, that income will be cut to $15,000 per year unless he is willing to deposit ten times his current balance.
I understand that the current financial crisis has resulted in a call for greater regulation of the financial markets, but those
regulations should not be so extreme as to virtually eliminate a market from retail traders.
Regards,
Jason Green
Independant Trader
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