Comment Text:
i0-001
COMMENT
CL-06154
From:
Sent:
To:
Subject:
Michael Land
Friday, March 5, 2010 11:10 AM
secretary
Forex Leverage
I have enjoyed the Forex Market for several years now. I am a small time trader who benefits from the
significant leverage I am able to access. In all of my years as a trader, I have never heard of a trader using the
great leverage afforded by the Forex market running into huge financial problems. While I understand the
intense scrutiny of the financial markets due to the economy and the fundamental reasons that the economy is
in such a state today, I do believe that Forex is a well managed financial market and not in any significant danger
of creating or adding to the financial crisis the world is in today.
Please do not adjust the leverage requirements in Forex as small time traders like myself will not be able to
access the system. Small business is the greatest driver in any economy and closing us out of Forex will do
significantly more harm than good.
Thank you for your time and consideration in this matter.
Michael Land
Elite Lien Services
P.O. Box 3705
Glendale, CA 91221
Phone: (800) 986-5914