Comment Text:
i0-001
COMMENT
CL-02240
From:
Sent:
To:
Subject:
[email protected]
Thursday, January 21, 2010 8:41 PM
secretary
regulation of retail forex
Please be aware we are quite concerned the proposed regulation concerning RIN 3038-AC61 is imprudent and harmful to
retail traders. One of the great advantages of retail forex trading is the amount of leverage we can use as traders. We make a
large amount of money from postions that started in 3 and 4 hundred dollar accounts, with .02 and .04 lot sizes. What a
shame it would be to have a government who is supposed to help it's citizenry implement the proposed 10:1 leverage. Besides
people who lose money in retail forex look at it as gambling instead of investing, so they truly should not be in it anyway.
Don't break the hearts of hopeful Americans who trade forex for a living. Give your proposed regulation change a second
heartfelt look. Thank you for your time, Tony D Marsh.
