Comment Text:
i0-001
COMMENT
CL-07619
From:
Sent:
To:
Cc:
Subject:
Celia Theron
Monday, March 15, 2010 10:49 AM
secretary
[email protected]
Regulation of retail forex
Dear Sir,
I wish to object to the proposed lowering of the leverage on retail Forex.
The traders who can not manage their accounts should not be the reason why successful traders who manage
their accounts successfully should be penalised by reducing the leverage.
I have managed my accounts for more than 9 years at leverage of 1-100. If leverage should be reduced most of
the retail traders would move their accounts offshore to destinations where the recent changes in regulations as
well as the proposed new regulation do not apply.
My identification nr is RIN 3038-AC61.
Yours Sincerely,
Cornell Jooste
