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Comment for Proposed Rule 75 FR 3281

  • From: Gerald Novak
    Organization(s):

    Comment No: 325
    Date: 1/18/2010

    Comment Text:

    i0-001
    COMMENT
    CL-00325
    From:
    Sent:
    To:
    Subject:
    Gerald Novak
    Monday, January 18, 2010 12:51 PM
    secretary
    Regulation of Retail Forex
    Please stop.
    I have been a trader in Forex for the last 5 years.
    I am responsible for my own accounts and intend to take responsibility for any mistakes I make. I also intend to
    profit from my study.
    People need to have more responsibility for their actions, not be protected when it only harms themselves.
    If this measure of leverage change passes, many will go outside of the united states. This is exactly what we do
    not need right now.
    Please leave the leverage as is with no change. Dont protect us against ourselves. Let people have to take
    responsibility for their actions.
    Sincerely,
    Gerald Novak, R.Ph.