Comment Text:
i0-001
COMMENT
CL-08175
From:
Sent:
To:
Subject:
Robbie Brown
Wednesday, March 17, 2010 11:46 AM
secretary
Regulation of Retail Forex_in favor of 100:1 maximum leverage
RIN 3038-AC61
I think the current maximum leverage of 100:1 (1%) is the correct level.
I understand and agreeded with the decision to reduce the maxium leverage from 400 & 500:1.
However, reducing the maximum leverage below 100:1 will impede many traders from execution of
their trade plans due to capital limitations. I am referring to traders with trading plans with reasonable
money management. I am not refering to the trading plans where the money management risk losing the
entire account due to three to ten losses.
Regards
Robert P. Brown
