Comment Text:
i0-001
COMMENT
CL-06070
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Subject:
Jared Goldstine
Friday, March 5, 2010 9:48 AM
secretary
New leverage regulation
I have been trading Forex for a couple of years and think it would be a horrible idea to make max leverage 1:10.
That move would make it impossible for the little guy to invest in Forex in the US. Most people would need to find
brokers in other countries that would provide higher leverage. Most of those brokers would understand that these
new clients would be in a precarious position and could take advantage. There are so many issues with the change
and if you look 2 or 3 steps down the road you'll understand that more evil will come of it than any good you might
perceive. Please don't make the change. Thanks.
Jared Goldstine
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