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Comment for Proposed Rule 75 FR 3281

  • From: Isaac F Wiley
    Organization(s):

    Comment No: 3169
    Date: 1/23/2010

    Comment Text:

    i0-001
    COMMENT
    CL-03169
    From:
    Sent:
    To:
    Subject:
    Ike Wiley
    Saturday, January 23, 2010 8:36 AM
    secretary
    'Regulation of Retail Forex'
    RE: RIN 3038-AC61
    Please do not change the maximum leverage requirement for Forex spot trading. Regulation in some
    areas is a good thing, but limiting what I can risk is going too far. I should have the right to choose the
    leverage appropriate to my style and desired risk. If you think this is in the best interest of a traders
    capital preservation, I strongly disagree. If you think intervention is necessary, perhaps you should
    consider an alternative approach such as a minimum amount of education in the trading arena pertaining
    to leverage and risk.
    Sincerely, Isaac F. Wiley