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Comment for Proposed Rule 75 FR 3281

  • From: Neil J Netley
    Organization(s):

    Comment No: 1043
    Date: 1/20/2010

    Comment Text:

    i0-001
    COMMENT
    CL-01043
    From:
    Sent:
    To:
    Subject:
    Neil J. Netley
    Wednesday, January 20, 2010 4:46 PM
    secretary
    Regulation of Retail Forex
    Sir / Madam,
    ID# RIN 3038-AC61.
    I am retired and supplement my income trading forex. I have been trading
    forex for several years. I have traded stock options and find that forex is
    much easier and safer if one controls their fear, greed, and appropriately
    manages their risk. Decreasing the leverage will only increase the amount
    of money I have to risk.
    I believe that every individual should have the freedom and right to choose
    the amount of leverage that is appropriate for their individual desired
    risk, and that this basic principle of 'choice' is in jeopardy by the
    proposed CFTC regulations.
    Neil J. Netley