Comment Text:
i0-001
COIMMENT
CL-06629
From:
Sent:
To:
Subject:
Stephen Gordet
Monday, March 8, 2010 10:42 PM
secretary
Regulation of Retail Forex
I personally hope that you don't reduce the leverage from 100:1 to 10:1. This seems incredibly unfair to small
investors like myself. Large institutions have access to investment funding today at ridiculously low margin rates
that small investors like myself just can't get. I don't see where this reduction in leverage would give the small
investor any additional protection; it would just drive him out of the market or, if it's still legal, force him to
trade through foreign firms that are subject to less oversight than US based ones.
Please re-consider.
Stephen Gordet
13796 NW 22nd Place
Sunrise, FL 33323
T. 954-626-0460
F. 866-495-8110
[email protected]
