Comment Text:
i0-001
COMMENT
CL-07414
From:
Sent:
To:
Subject:
Ken Thomas
Saturday, March 13, 2010 11:20 PM
secretary
Regulation of Retail Forex
Dear sirs,
I have been trading Forex for a number of years, and am aware of the risks involved. I am strongly
opposed to the regulatory changes being considered that will reduce trading leverage from 100:1 to 10:1.
I understand the desire to protect consumers, however, this type of over-regulation will simply push
consumers to off-shore brokers, damaging our markets in the process.
I urge you not to adopt this proposal.
Thank you,
Ken Thomas
