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Comment for Proposed Rule 75 FR 3281

  • From: Brian A Mankowski
    Organization(s):

    Comment No: 3357
    Date: 1/23/2010

    Comment Text:

    i0-001
    COMMENT
    CL-03357
    From:
    Sent:
    To:
    Subject:
    [email protected]
    Saturday, January 23, 2010 5:43 PM
    secretary
    Regulation of Retail Forex (R1N 3038-AC61)
    Identiffication# RIN 3038-AC61
    To Whom It May Concern,
    I am currently a SPOT FOREX trader & trade for a living & one reason I am attracted & able to be so
    successful is the exceptional leverage. You can have a small account & turn small sums of money into
    reasonable profits. There is a reason they have stop losses & other safety's available & in place for the
    individual trader. This is a free country & I strongly belive along wiht others that the individual should
    be given the freedom to choose the appropriate amount of leverage for your individual trading style and
    risk tolerance. This will hurt me as a trader. I am strongly against this move along with other fellow
    trading friends & associates. That is too drastic of a cut I urge opposition & leave the system well
    enough alone. It is working fine for me & I shouldn't be punished for whatever reasons you feel change
    is needed. I don't feel that is fair!
    Sincerely,
    Brian A. Mankowski