Comment Text:
i0-001
COMMENT
CL-05425
From:
Sent:
To:
Subject:
Rishikesh Kondap
Wednesday, February 17, 2010 1:47 PM
secretary
Regulation of Retail Forex
This is regarding the proposed new rule to set maximum leverage to 10:1
for retail forex traders in the US,,,
I oppose this proposed rule, as I believe that this would drastically reduce trading,
especially for those traders who do not have much capital. Better option is to
educate traders about the potential risk of leverage, but not tie down those who
understand and are willing to take the risk. Traders should have the right to decide
for themselves what works and what does not.
