Comment Text:
i0-001
COMMENT
CL-05115
From:
Sent:
To:
Subject:
hogan5
Sunday, February 7, 2010 1:53 PM
secretary
Proposed Forex Regulations
I agree with regulating the Forex industry and registering brokers, but I STRONGLY disagree with a 10-1 leverage
restriction. It's too low.
I would likely trade overseas. This would leave me without the protection you intend to put in ~lace, which I do
want.
I prefer a leverage ratio of 100-1.
I believe that newer traders would be protected at this rate and can still use the option of mini- or micro-lots.
But a 10-1 ratio for mini- or micro-lots make no sense.
Please consider this and enact 100-1 leverage instead.
Thank you.
