Comment Text:
i0-001
COMMENT
CL-01343
From:
Sent:
To:
Subject:
Dallas Jaeger
Wednesday, January 20, 2010 11:06 PM
secreta ry < secreta ry@ C FTC. g ov >
Regulation of Retail Forex
To Whom it may concern,
I have been trading Forex for the past two years now. It is my right to purchase another country's
currency with my own money. WhetherI buy it outright, or go through a Forex broker yields the
same result. The only difference is that with a Forex brokerI am able to use leverage. I am able
to determine how much money the broker will loan me based on what is appropriate for my own
trading strategy. What gives you the right to determine the amounta broker can legally loan me?
Also, you are only punishing the little people. The rich have plenty of equity and have no need for
leverage. It is all the small accounts that you will squash. This is not the America I know. I hope
it is not the America you want!
Dallas Jaeger
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