Comment Text:
i0-001
COMMENT
CL-02939
From:
Sent:
To:
Subject:
Felipe Martins
Friday, January 22, 2010 6:22 PM
secretary
Regulation of Forex Market
My name is Felipe and I'm writing in order to post my comments on new regulations intended by
CFTC.
A fair market is the minimal requirement for a healthy and fair trading environment. However, each
trader must take his own actions in order to prevent being took off the market. He must be allowed to
trade on his own risk, because anyway, he is not being forced to take any action. And among all actions,
each trader should be able to determine the leverage he wants use - according to the ones provided by
the broker. So, restraining the amount of leverage is kind of cutting off freedom of action, thus, going
against the free will principles guaranteed by the constitution. The way forex market is working
nowadays in what concerns to this subject, is quite good for everybody, having as a background proof
the fact that up to now, no one in the world has put any complain on it.
Sincerely considering you'll take the right actions,
Felipe.
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