Comment Text:
i0-001
COMMENT
CL-08143
From:
Sent:
To:
Subject:
[email protected]
Wednesday, March 17, 2010 7:47 AM
secretary
Regulation of Retail Forex
Dear Sir/Ma [] am,
I have been trading forex for more than five years and I believe that a 10:1 leverage would not help anyone. It
would drive many small traders out of the forex market; or worse, they might be encouraged to invest outside
United States.
Proper education and extensive info drive are among the best ways to help fellow forex traders avoid losing more
money than they should. Thus, having the maximum 10:1 leverage would just prolong the process of them losing
their money.
Please reconsider this proposal.
Sincerely,
John McGuire
