Comment Text:
i0-001
COMMENT
CL-05410
From:
Sent:
To:
Subject:
Frank Chapman
Tuesday, February 16, 2010 5:49 PM
secretary
Industry Filings: Comments on Industry Submissions: Retail Forex Transaction
Subject: Forex leverage changes to 10:1 for retail traders.
I am opposed to any changes in the leverage rules, regarding retail forex.
I can control my own risk and leverage exposure though the use of micro, mini, or full contract size
transactions and proper money management techniques.
I do not feel that the change in leverage regulation will protect retail traders from themselves. That situation
is a question of trader competence, not leverage.
Respectfully submitted,
Frank Chapman