Comment Text:
i0-001
COMMENT
CL-07226
From:
Sent:
To:
Cc:
Subject:
Chris Clements
Saturday, March 13, 2010 8:53 AM
secretary
[email protected]
Regulation of Retail Forex
To Whom it may concern,
Many small traders like myself actually earn enough money with small(under $10,000) accounts to pay our
way...in other words it is our job. To change the leverage to an amount that is only attainable to much larger
traders is just like shutting down many small businesses .... you are only thinking of the traders that "lose"
money...those traders will lose money no matter what the leverage amount is. Dont you see already how many
dollars have left America just with changing the leverage to what it is now....I can still afford to trade with the
current leverage amount in place now but if these changes are put in place I along with thousands of traders will
be forced to trade with "out of the country" brokers.
Regards,
C.Clements
RIN 3038-AC61