Comment Text:
i0-001
COIMMENT
CL-06697
From:
Sent:
To:
Subject:
Nathan Allred
Tuesday, March 9, 2010 6:33 PM
secretary
Leverage
To Whom It May Concern;
I would like to comment on the new rule being proposed about leverage on retail forex accounts. I think
that it is an unwise rule to be put into place. If you are going to change anything regarding leverage you
should change it and bring it into line with futures contracts, becasue in reality that is what a forex or
spot forex contract is. It is a futures contract. People who go in and trade forex do so at their own risk
and if they don't understand the risks that they are taking they should not be trading.
Please take my comments into consideration while deciding on changing leverage. It is not a good law
to put on the books.
Sincerely,
Nathan Allred
Mapleton, UT 84664
