Comment Text:
i0-001
COMMENT
CL-06820
From:
Sent:
To:
Subject:
Bojil Shterev
Friday, March 12, 2010 5:26 AM
secretary
"Regulation of Retail Forex 3038-AC61"
Hi~
My name is Bojil Shterev!
I'm concerned about the new proposal to change the leverage to 10-1 from the current 100-1.
This will make it difficult to be able to trade enough to make any money in the spot currency market.
If the proposal pass I'll stop trading because I don't have enough money to make money with the new leverage.
I talked to many of my friends and people I know who are involved in this business and they will be force to do the
same, stop trading, for the same reason. I understand that the leverage 100-1 is very risky but everybody involved
is aware about it.
Sincerely
Bojil Shterev
