Comment Text:
i0-001
COMMENT
CL-02332
From:
Sent:
To:
Subject:
Greg Homrighous
Thursday, January 21, 2010 10:40 PM
secretary
Reducing Allowed Forex Leverage
Hi,
I see the proposal to reduce the amount of leverage allowed by retail forex traders, and I'm more
frustrated with my government than ever. This disappointments me after I have spent the last year
studying the market, reading numerous books, carefully learning strategy, and preparing my strategies
on demo accounts. Who do you aim to protect with this proposal? Besides, under this proposal I would
have to have a larger account to trade on the forex market, I'd also have to change my savings account
allocations, and then my diversified portfolio would be out of whack. I'm not going to be the only one
doing this, thousands will do this same thing. Do you think this is the intended result of this proposal?
Will large banks have the same requirements? As a taxpayer who is already disappointed with our
public officials, public schools, and the federal government - I think you are stupid. What... you don't
want to earn extra tax money from my forex revenue? That is so dumb.
If you want to protect people from themselves, begin outlawing casinos .... Go back to bailing out big
banks, taxing smokers, and giving hand outs to old people. Leave me alone!
-Greg Homrighous
