Comment Text:
i0-001
COMMENT
CL-08046
From:
Sent:
To:
Subject:
Thomas Kuj awski
Tuesday, March 16, 2010 8:52 PM
secretary
Regulation of Retail Forex
RIN3038-AC61
The new forex leverage limits are not a good idea. They will only take business out of the US, also it
will cut out the small people, since the big companies have plenty of capital they don't need the leverage
but people like me with limited capital need the leverage to make any worthwhile money. This will be
taking more people out of the market and that in return means less opinions, and opinions are what run
the FX market. If there are limited number of opinions the FX market would be more choppy and prices
would fluctuate more vastly, not allowing prices to "fix themselves" in a way. 200:1 leverage is a bit
overkill, but 100:1 leverage is necessary.
