Comment Text:
i0-001
COIMMENT
CL-06679
From:
Sent:
To:
Subject:
Nikolay Denev
Tuesday, March 9, 2010 11:17 AM
secretary
Regulation of Retail Forex
Hi,
I red that you have been released a public proposal for limiting the leverage for Retail accounts-10 to 1.
I would like to inform you that I disagree with the proposal.Because retail traders would have to invest significantly
more
to place trades of the same size,ultimately resulting in a decreased return or loss on invested margin.
Many of the young traders and beginners
will have nothing to do but stopping their forex education and closing their accounts.
With all my respect,
Nikolay Denev
