Comment Text:
IO-OOi
COMMENT
CL- 0 63 95
From:
Sent:
To:
Subject:
Scott Welsh
Saturday, March 6, 2010 2:11 PM
secretary
Strongly Against 10:1 Leverage Proposal
Dear Sir or Madam:
I am vehemently against any reduction in leverage.
All of my trading strategies are based on placing high probability bets with the sizable leverage that
forex offers. My trading becomes in no way more risky with added leverage. This rule would do nothing
but hurt traders who are profitable from the freedom leverage provides.
If passed, I will move all of my accounts to an overseas broker immediately. Many, many others would
do the same.
Please do not pass this legislation.
Sincerely,
Scott Welsh
