Comment Text:
i0-001
COMMENT
CL-08342
From:
Sent:
To:
Subject:
R.J. Wahlund
Wednesday, March 17, 2010 9:30 PM
secretary
I protest the 10:1 leverage rule
Dear Sirs:
I know the risk as any adult would. Yes, I have lost money, and I am learning in the process. I am
smart enough to only use risk capital, that does not threaten my well being. If you change the rule, I
believe that all people like my self, aspiring traders, will transfer our account to less desirable places in
foreign countries to give ourselves a chance to succeed. The USA will lose jobs and revenue from the
firms that provide this service. Many people will not report their gains in unregulated foreign places.
The rewards are not big enough while starting in Forex trading to justify puting up 10 times as much
money to trade.. Its about time the assholes in Washington got real! You shouldn't take offense at that
statement unless the shoe fits.
Sincerely,
Robert Wahlund.
