Comment Text:
i0-001
COMMENT
CL-05553
From:
Sent:
To:
Subject:
sau [email protected]
Tuesday, February 23, 2010 8:54 AM
secretary
Regulation of retail forex
Hi,
I am a trader in forex from NJ usa . I oppose 10:1 leverage proposal.
It is tough for a biggner to invest so much money and also to maintain
this much amount in forex retail account. This rule will discourage
retail investor from forex market. I am a full time daytrader and some
times I am able to pay my bills and children fee from the monthly
earning that I get from forex. Do not pass 10:1 leverage rule.
Thank
Saurabh kumar
Plainsboro nj USA