Comment Text:
i0-001
COMMENT
CL-08415
From:
Sent:
To:
Subject:
machi
Thursday, March 18, 2010 2:54 AM
secretary
Regulation of Retail Forex
Dear sir,
number RIN 3038-AC61
I feel strongly that the reduction of leverages from 100.1, to 10.1 will do more damage than good. If the government feels strongly to
reduce the leverage, why not do this according to the clients account, for example we could say that those with an account size of
over lOmillion dollars will trade with a smaller leverage as say the smaller trader with an account size of 100000. I strongly oppose this
action as this would cause more damage to the already damaged economy.
Yours
Machi Mannu
