Comment Text:
i0-001
COMMENT
CL-01112
From:
Sent:
To:
Subject:
Paxton Powers
Wednesday, January 20, 2010 8:07 PM
secretary
Stop over regulating!!!!!
The new proposal for limiting retail forex trading to 10:1 leverage is anti-business, anti-American, and
anti-Individual freedom! I can manage my own money and risk way better than any government or
quasi government entitiy could even dream of doing. As a trader and employee for the past decade in
the financial servcie industry your over regulation is a way bigger risk to my livelyhood and financial
success than over leveraging my account could ever be. Let my broker take the risk and place
restrictions on my trading activity. The bad brokers will go out of business and the good brokers will
thrive and make an even more competitive marketplace for me to trade in. Government regulation has
already driven many accounts and jobs over seas. If this rule is inacted mine will almost certainly be
next.
Stop the madness!!!!!
Paxton Powers
[email protected]
