Comment Text:
i0-001
COMMENT
CL-06043
From:
Sent:
To:
Subject:
Joseph
Friday, March 5, 2010 2:14 AM
secretary
Regulation of Retail Forex
Dear Sir/Madam,
I voice my complete opposition for the reduction of the leverage from 100:1 to 10:1.It will be a disaster for all traders.It means that we
should have a lot of money in our account to initiate a trade.It is already a problem for small traders like me to trade after the previous
reduction from 200:1 to 100:1 for the mini accounts.Please do not do any further changes to the leverages.If you do so I think I will
say goodbye to forex trading with Gain Capital Group.
Hope everything goes fine.
Joseph Fernando
