Comment Text:
i0-001
COMMENT
CL-08177
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Sent:
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Subject:
rob j ames
Wednesday, March 17, 2010 12:04 PM
secretary
Regulation of Retail Forex
RIN 3038-AC61
Restricting forex trading leverage to below any maximum level is foolhardy. Your motive seems to be
protect forex traders from themselves. How absurdly regressive.
The lower you make leverage restrictions, the proportionalely more money you force traders to risk to
realize the same profit potential. You will cause traders to lose more, not less.
Plus, you will ruin the US retail forex trading industry forcing traders to move their accounts offshore
where you have zero control.
Rob James
