Comment Text:
i0-001
COMMENT
CL-01481
From:
Sent:
To:
Subject:
Brad Bernadot
Thursday, January 21, 2010 2:00 AM
secretary < secreta ry@ C FTC. g ov >
Regulation of Retail Forex
In response to your request for public comment on proposed regulations of theforex Market, this
response is to let you know that as a retail investor I oppose the restriction of retail investors in
the Forex markets.
Retail individual investors have long enjoyed the freedom and right to choose the amount of
leverage that is appropriate for an individual's desired risk, and there are no clear reasons to limit
investment participation to elite investors by increasing margins to disqualify ordinary investors.
The reasoning is disingenuous and the practice is oppressive. The Forex markets are the most
liquid in the world and the practice of restricting retail investors is designed solely to facilitate
larger traders.
I encourage you to reconsider the proposed regulatory restrictions and continue to allow the retail
investors continued unrestricted access to the market.
Brad Bernadot
[email protected]
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