Comment Text:
i0-001
COMMENT
CL-05749
From:
Sent:
To:
Subject:
[email protected]
Wednesday, March 3, 2010 7:39 PM
secretary
Forex Trading Leverage
To Whom It May Concern:
F~egarding the proposed broad regulatory changes that include reducing the current leverage available to fore× traders from
100:1 to 10:1 ....
I urge you to please leave the current leverage requirements as-is.
This is a critical part of my investment strategy, and changing these leverage requirements will basically
knock me out of the trading environment entirely -- because of the increased capital requirements to
trade.
So long as the Forex trading firms ACTIVELY educate their investors about the risks of high leverage --
let it be up to the individual investor to make this decision (as to their risk tolerance).
Kevin Kinsella