Comment Text:
i0-001
COMMENT
CL-07923
From:
Sent:
To:
Subject:
David English
Tuesday, March 16, 2010 2:02 PM
secretary
Forex leverage
Dear Secretary:
I understand you are taking comments on the proposed changes to Forex trading. I'd like
to comment.
I believe it is overreacting to reduce maximum leverage to 10: 1. Forex movements are at
least a order of magnitude lower than stock price movements. I recommend leaving this
alone and asking brokers to give good clear disclosure statements/guidelines about
recommended leverage for different levels of investors.
Sincerely,
David English
