Comment Text:
i0-001
COMMENT
CL-07857
From:
Sent:
To:
Subject:
taekwonj [email protected]
Tuesday, March 16, 2010 12:36 PM
secretary
Regulation of Retail Forex
Dear Sir or Lady
Please do not change the leverage in the Retail Forex market ,,, It only will hurt the little guy who is trying to get started in a
new profession,,, Yes trading is hard ,, but it is not the leverage that makes people fail it is the nature of trading that makes it
diffucult .... the emotional part of trading is what makes people fail... If u raise the cash requirements ,,, new traders will just
have more money at risk ,, thus potentially losing even more .... there are more reasons for keeping the leverage amounts the
same .... brokers going out of business, people losing j obs,,, ( is that a good idea right now with unemployment at 10% or
more, no it is not), traders and their money will leave the country in mass .... is that what you want, because it will
happen ... there are more reasons and I would be willing to dicuss them wih u at anytime .. You can reach me at cell number
602-432-7923 or in writing at 19009 N 35th way Phx AZ 85050... thankyou for your consideration in this matter .... Best
regards, John Richards RIN 3038-AC61
