Comment Text:
i0-001
COMMENT
CL-06280
From:
Sent:
To:
Subject:
Raj Dave
Friday, March 5, 2010 4:27 PM
secretary
Forex leverage limits
Dear secretary,
As a retail investor I strongly oppose any Contemplated actions
regarding a decrease in Leverage limits on foreign exhange trades
conducted by retail investors.
While the objectives might be noble, they assume retail investors are
less sophisticated and naive.
In the age of light speed communication, information us available to
all investors alike - retail and institutional - reducing the
information advantage that institutional investors may have had 20
years ago.
Pls reconsider. Thank you.
Sincerely,
Raj Dave
Sent from my iPhone