Comment Text:
i0-001
COMMENT
CL-02194
From:
Sent:
To:
Subject:
yocheved m. feldman
Thursday, January 21, 2010 8:05 PM
secretary
regulation of retail forex
hi my identification no. is rin3038-ac61 i'm writing to you because i have learned that there is a debate
re. limiting the margin one does have right now trading forex it is very disturbing to me that there is
even a discussion about it because if it will only be possible to trade on such a small margin it will make
it basicly impossible to earn money on trading forex and it will make sure that all traders open off shore
forex accounts that is very risky because they are not regulated as the american retailers are and then
those who can not manage there risk appetite should not trade any thing it is not acceptable to regulate
because there are some people out there doing risky things would you like a law that rules you can only
buy one lottery ticket a day you sure look at it as absurd why because there are some people who wanna
spend there money this way law in the u.s. gives right to any one doing what ever his heart desires the
only thing i would understand is if the retailers would make sure to explain clearly that forex is not
meant for everyone and it is risky
i hope my letter would have an affect on the debate
thanks and kind regards
simon
