Comment Text:
i0-001
COMMENT
CL-00692
From:
Sent:
To:
Subject:
melaineco2@aol, com
Tuesday, January 19, 2010 4:03 PM
secretary
Regulation of Retail Forex
RE: RIN 3038-AC61
As an Individual day trader of Forex I am opposed to the proposed
leverage of 10:1. My main concern is for people like myself who don't
have large capital, we would no longer be able to trade without the
higher leverage. This would not impact high net worth clients or
institutions because they already trade with lower leverage. The
biggest impact would be traders who don't have the necessary capital
and that is not fair we like to have choices and 10:1 doesn't give us
much choice. So for the sake of the small guy please do not change
leverage.
Thank You
Elaine Cordero
Orlando, Florida
