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Comment for Proposed Rule 75 FR 3281

  • From: Pablo Francesca
    Organization(s):

    Comment No: 898
    Date: 1/20/2010

    Comment Text:

    i0-001
    COMMENT
    CL-00898
    From:
    Sent:
    To:
    Subject:
    Pablo Francesca
    Wednesday, January 20, 2010 1:28 AM
    secretary
    Please reconsider leverage ratios
    Trading forex is always going to be a risky investment. However, it does provide the potential for great
    earnings. Instead of a blanket limit on leverage ratios, please consider permitting higher leverage ratios
    for lower account sizes. For example, perhaps it makes sense to limit leverage for an account with
    $100,000 or more in order to limit systemic risk, but individual traders do not constitute the majority of
    the volume of the FX market. It makes little sense to limit the earnings potential of the little guy.