Comment Text:
i0-001
COMMENT
CL-03080
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[email protected]
Friday, January 22, 2010 11:59 PM
secretary
Public Submission for 2010-00456
Public Submission for 2010-00456.zip
Please refer to the attached file.Please Do Not Reply This Email.
Public Comments on Regulation of Off-Exchange Retail Foreign Exchange Transactions and
Intermediaries:
Title: Regulation of Off-Exchange Retail Foreign Exchange Transactions and Intermediaries
FR Document Number: 2010-00456
Legacy Document ID:
RIN: null
Publish Date: Wed Jan 20 00:00:00 EST 2010
Submitter Info:
first name
last name Robideau
address1
city
country United States
us state MA
zip
company
I see no benefit in limiting leverage to 10:1 and quite frankly am confused as to why it is even
proposed. To protect the retail investor? People that educate themselves, perform their due
diligence and being responsible protect themselves on their own. This proposal to limit
leverage *hurts* the people who were responsible and understand the risks/rewards that
come with the retail spot FOREX market. The only people it protects are the ones who should
not be in the market to begin with. Thankfully FOREX is an international market, and in the
event this piece of legislature is passed I can take my money elsewhere to achieve the same
results I am getting now.
