Comment Text:
i0-001
COMMENT
CL-05092
From:
Sent:
To:
Subject:
Russell Belfiore
Saturday, February 6, 2010 1:09 PM
secretary
Leverage reduction from 100:1 to 10:1.
Dear Sir,
This proposed idea of reducing the leverage amount in forex from 100:1 going to 10:1 is a bad idea. It
would kill the market in trading forex in this country for us individual traders. Being an individual
investor, I can trade with a smaller amount than the corporate investors and still compete with them in
the forex market because of the 100:1 leverage available to me.
From the retail, individual investor, point of view. I strongly recommend not changing the proposed
leverage rate from 100:1 to 10:1.
Russell Belfiore
