Comment Text:
i0-001
COMMENT
CL-00731
From:
Sent:
To:
Subject:
Mike Nelson
Tuesday, January 19, 2010 5:01 PM
secretary
Regulation of Retail Forex
This concerns RIN 3038-AC61, the proposed changes to retail forex margin/leverage requirements.
Please do not change the margin/leverage requirements for retail forex traders any further. Most who lose
money in retail forex are inept or inexperienced. They do not understand risk management. This change
will hurt those who do know what they are doing, and must slowly build their accounts up from small
beginning balances. Some retail traders actually do understand risk, and I am one of them. I know of
many others who do not lose their account balances because they also understand how to manage their
risk and make the proper trades.
Kind Regards,
Michael Nelson
