Comment Text:
i0-001
COMMENT
CL-06250
From:
Sent:
To:
Subject:
Bob Harrison
Friday, March 5, 2010 2:38 PM
secretary
leveraage
I
am sorry to say this, and I hope you do not take umbrage with it.
BUT, REDUCING THE LEVERAGE TO 10-1 IN THE FOREX IS EXTREMELY DUMB.
The result is that many, if not most will take their account offshore,
resulting in the loss of jobs here in the US. It will also drastically
reduce the income of both professional and part-time traders. In turn,
that will reduce the amount of taxes they pay.
Please consider this and do not change it.
Thanks
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