Comment for Proposed Rule 75 FR 3281
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From:
Pablo Francesca
Organization(s):
Comment No:
899
Date:
1/20/2010
Comment Text:
i0-001
COMMENT
CL-00899
From:
Sent:
To:
Subject:
Pablo Francesca
Wednesday, January 20, 2010 1:31 AM
secretary
Regulation of Retail Forex
RIN 3038-AC61
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 $1,000,000 or more in order to limit systemic risk, but small
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.
