Comment Text:
i0-001
COMMENT
CL-08612
From:
Sent:
To:
Subject:
John Calhoun
Friday, March 19, 2010 2:15 PM
secretary
Proposed forex changes
Sirs,
I think changing regulation with regard to leverage is a very bad idea. This is how I make my living and changing
max leverage to only 10:1 would have a big impact on my ability to earn a decent wage. I do think 400:1 and like
secnarios is rediculous but 50:1 or 100:1 is resonable and in step with other markets. By making this change you
will simply drive brokers off shore where you would have no control over them. The other impact would be the small
guys would no longer be able to compete effectively.
I would like to know the rational for this move.
John Calhoun
Sent from my iPhone
