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Comment for Proposed Rule 75 FR 3281

  • From: Tyler P Togikawa
    Organization(s):
    Seattle University

    Comment No: 3118
    Date: 1/23/2010

    Comment Text:

    i0-001
    COMMENT
    CL-03118
    From:
    Sent:
    To:
    Subject:
    Togikawa, Tyler
    Saturday, January 23, 2010 2:27 AM
    secretary
    Regulation of Retail Forex
    Dear Ladies and Gentlemen of the U.S. Commodity Futures Trading Commission,
    I am writing to express my opinion by saying that I am against the proposed regulations of, "leverage in retail
    forex customer accounts being subject to a 10-to-1 limitation".
    I believe that all traders should have the right to choose the amount of leverage that is appropriate for his/her risk
    appetite, and that this basic principle of 'choice' is being threatened by the proposed regulations.
    It saddens me to see our ability to move money between hands threatened by the potential choking hands of
    increased regulation. Must liberty really be at stake for our own protection?
    Thank you for hearing my opinion in regards to this proposal, identified as RIN 3038-AC61.
    Tyler Paul Togikawa
    Seattle University
    Albers School of Business Administration in Finance
    GFT Forex - Trader