Comment Text:
i0-001
COMMENT
CL-05073
From:
Sent:
To:
Subject:
Joe Van Notric
Friday, February 5, 2010 7:57 PM
secretary
Regulation of Retail Forex
I am writing to respectfully protest the proposal to change the leverage requirements in the US
retail forex market. While I understand that increasing the required margin levels might restrict
losses on an individual trade, overall this could adversely affect my account overall by not allowing
me to stay in a trade when it goes against me. I would rather be able to set my own stops, and
control my own risk level, without regulations limiting me to this degree. I am not placing large
amounts of money at risk, and do not plan to take un-necessary risks. I urge you to not revise the
current regulations, as I believe they are not in our best interests, nor the markets best interests.
Thank You.
Joe Van Notric
Burlington, WA