Comment Text:
i0-001
COMMENT
CL-02729
From:
Sent:
To:
Subject:
william peak
Friday, January 22, 2010 1:56 PM
secretary
Regulation of Retail Forex
My identification number is RIN3038-AC61. I am diametrically opposed to any changes in the leverage
ratios that you would make. Margin requirements under the currrent system are ideal for me. Having a
small account of $1,000. gives me a chance to compete with the large financial institutions on a
somewhat equal footing, without the need of middle man (broker) to execute my orders and collect a fee
on top. The over the counter foreign exchange market is simple, direct and unfiltered by giant capitalist.
It is capitalism in it's purest form. I'm only at risk for what I've got on the books. I can measure that!
Now the proposition that I must add more capital to enter the market is disheartening and repugnant. It
is a bad idea whose time has not come. Why? It's political. Democracy and Freedom is constantly
under attack! Forutnately, through the Bill Of Rights, the United States of America is the only county
which was born well suited and armed against tyranny. Your reply as a government agent is essential.
