Comment Text:
i0-001
COMMENT
CL-07120
From:
Sent:
To:
Subject:
Tom Kaasbell
Saturday, March 13, 2010 12:49 AM
secretary
Regulation of Retail Forex
Gentlemen,
I wish to strongly object to the proposal to limit leverage ratios to
10:1 on retail Forex accounts. I have no problem warning investors of
the risks associated of high leverage transactions. I also feel that the
industry provides practice accounts where new investors can experiment
with various leverage ratios and see first hand what trading will be like.
I urge you to let adults make adult decisions and if you feel some
action is necessary you might consider required simulated trading prior
to opening an actual account.
Sincerely,
Tom Kaasbell
Peachtree City, GA 30269
RIN 3038-AC61
