Comment Text:
i0-001
COMMENT
CL-08213
From:
Sent:
To:
Subject:
DS
Wednesday, March 17, 2010 2:56 PM
secretary
Regulation of Retail Forex
Mr. David Stawick,
I am against reduction of leverage in retail forex. I trade at 25:1 using the advice of trained professionals. I am
smart enough to enlist the help of others to help me make the best possible trades in the forex market. If there
are those out there taking risk beyond their means, then that is there right to do so. It is a choice to invest or
not to invest. If regulation is needed for beginners so that they can learn what is really at risk, then maybe a
10:1 ratio can be set up for those traders, but with micro accounts available to investors- I do not see the need
for reducing my ability to make trades at 25:1. In other words it would limit my ability to keep my portfolio
diversified, since it would take a higher account value to keep trading at the levels at which I currently trade.
Thank ~/ou,
Douglas Stasne~/
