Comment Text:
i0-001
COMMENT
CL-08877
From:
Sent:
To:
Subject:
Timt
Monday, March 22, 2010 3:18 PM
secretary
Regulation of Retail Forex
RIN 3038-AC61
Dear David Stawick,
Concerning the 10 to 1 leverage ..... I think it would be detrimental to the individual forex
investor as well as the U.S. broker. The Government always has such a knee jerk reaction to
things! Why not try 75 to 1 or even 50 to 1 if you fell the need to limit the individual investors
return. The Government has already taken away hedging which was a safety net to those
investor's who knew how to use it. In any type of trading there are rules of engagement and
education needed. Its the individual investor's responsibility not the Governments. The
change in leverage would only affect the individual investor not the institution with plenty of
capital.
Sincerely,
Timothy Thornton
