Comment Text:
i0-001
COMMENT
CL-01529
From:
Sent:
To:
Subject:
Ron Wilson
Thursday, January 21, 2010 3:57 AM
secreta ry < secreta ry@ C FTC. g ov >
Your Proposal for 10:1 Margin Requirements for Forex
As usual, you are interested in only protecting the wealthy, the large futures brokers and the
privileged. I have traded Forex for years with the existing leverage levels and done well. YOU
SHOULD LEAVE IT UP TO THE INDIVIDIDUAL INVESTOR/SPECULATOR TO DECIDE HOW MUCH
LEVERAGE RISK HE/SHE IS WILLING TO TAKE ON. IT SHOULD NOT BE DECIDED BY YOU! Itrade
Forex wisely, but if your stupid proposal goes into effct, I will have to discontinue it, just because
of a stupid government regulation that does no one any good except THE WEALTHY. I havea
modest account of $2,500 and make 20% to 30% per year. But to trade with YOUR STUPID
PROPOSED LEVELS, Iwould have to have an account of $20,000-$25,000! How idiotic! Whom
are you protecting? The large futures brokers, bankers and wealthy from whom you get favors and
money. That's who. YOU ARE NOT PROTECTING ME. Take away the proposal. Let me trade the
wayI have enjoyed trading FOR YEARS YOU IDIOTS. Leave the responsibility and decisions up to
individual investors/speculators. NOT THE MISGUIDED GOVERNMENT.
Ronald R. Wilson
83362 Parkway Dr.
Florence, OR 97439
541-991-2587
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