Comment Text:
i0-001
COMMENT
CL-00188
From:
Sent:
To:
Subject:
Jesse Robinson
Saturday, January 16, 2010 2:19 PM
secretary
Regulation of Retail Forex
Dear Sir or Ma'am,
The proposed rules for limiting leverage in the retail forex market will destroy the market. A maximum
leverage of 10:1 is not reasonable. You might as well make a law that says retail forex is not allowed in
the U.S.
I have worked very hard to become self employed and financially independent. If the maximum leverage
is set at 10:1, you will put me out of business.
By trying to protect people who are foolish enough to lose too much money you will be destroying
everyone who has worked hard to learn the forex market and are responsible with risk management.
10:1 leverage is not protection for people who trade in the forex market. It's unemployment.
Sincerely,
Jesse Robinson
