Comment Text:
i0-001
COMMENT
CL-05449
From:
Sent:
To:
Subject:
A10lson
Thursday, February 18, 2010 5:05 PM
secretary
proposed new regs
I firmly disagree with proposal to limit leverage
on fx trading to 10:1. With a 4 pip spread on
small lots (1/10th regular lot), small home
bound day traders like myself it would be
impossible to ever break-even. All traders
absolutely need a 100:1 leverage to trade
foreign currencies - especially when the
merchant siphons off a minimum of 4
pips/trade.
Thank you for your consideration.
AI Olson
taborwd@cableone, net
