Comment Text:
i0-001
COMMENT
CL-01047
From:
Sent:
To:
Subject:
[email protected]
Wednesday, January 20, 2010 4:49 PM
[email protected].
regulation of retail forex
Dear secretary.
this email is about proposals to reduce the forex leverage.
why do you feel you should have the power to decide what we would like to
control ourselves, when it only pertains to the risk level that we select for
ourselves?
please concentrate on convincing the fed to print less fake money and stay
out of a truly free market. The value of the dollar does not go up or down
when the forex leverage changes from 1:1 to 1000:1, or vise versa, or when
one person selects a 10:1 leverage and the next selects 200:1. What really
happens when the leverage is artificially lowered, is that the "little guy"
is once again shafted, haven't you done enough of that ?
yours truly,
D. Economou
