Comment Text:
i0-001
COMMENT
CL-03135
From:
Sent:
To:
Subject:
Fahd Khan
Saturday, January 23, 2010 4:40 AM
secreta ry < secreta ry@ C FTC. g ov >
Regulation of Retail Forex : Outrageous!!!
RIN 3038-AC61
Dear Sir,
The proposed regulations for retail forex are outrageous. As a forex trader, I feel that it will have
detrimental consequences for all the traders involved with forex trading in USA.
We are all grown-ups and very well know our boundaries and limitations and if somebody decides
to cross it, well than its his or her own personal choice. We live in a free world and get to choose
whatever we find suitable for our growth. Lowering the leverage to 1:10 on the pretext of giving
security to our funds is unjustified.
If somebody wants to commit suicide with his funds, well its his choice. We all take risks everyday
and own our decisions since we find them necessary to attain certain goals. Crossing a road can be
risky too but this does not mean that the Transportation Secretary should ban all the cars!!!
I hope that you will withdraw these outrageous terms and respect the personal decisions and
judgment of others.
Thank you
A concerned forex trader
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