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Comment for Proposed Rule 75 FR 3281

  • From: Alexander M Bessinger
    Organization(s):

    Comment No: 1695
    Date: 1/21/2010

    Comment Text:

    i0-001
    COMMENT
    CL-01695
    From:
    Sent:
    To:
    Subject:
    Alex Bessinger
    Thursday, January 21, 2010 10:20 AM
    secretary
    Regulation of Retail Forex
    RIN 3038-AC61
    To the Commodities Futures Trading Commission:
    I have been a currency trader for 2 years now. Leverage is very important to all currency traders alike. It's
    obvious leverage can be your friend and also your enemy(if you're not thinking). However, I believe it should be
    up to the individual trader to decided the level of risk that is right for them instead of being predetermined by
    the government. Freedom to choose is an American right. Please reconsider the matter of limiting the leverage
    limits for retail forex.
    Thank you,
    Alexander M. Bessinger