Comment Text:
i0-001
COMMENT
CL-01340
From:
Sent:
To:
Subject:
[email protected]
Wednesday, January 20, 2010 11:02 PM
secretary
Regulation of Retail Forex
RIN 3038-AC61
Dear Mr. David Stawick,
I stand behind the belief that each trader should be given the freedom and right to choose the amount of leverage that is
appropriate for his/her individual desired risk, and that this basic principle of 'choice' is in jeopardy by the proposed CFTC
regulations which would limit leverage to 10:1. Anyone engaging in this level of trading ought to have undergone at least
basic training processes. Each one is then responsible for his own choices. Encouraging adequate training and personal
responsibility while leaving the leverage level as it is... This is the direction I would like to see.
Regards
Paul LaRochelle
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