Comment Text:
i0-001
COMMENT
CL-03517
Froln:
Sent:
To:
Subject:
[email protected]
Sunday, January 24, 2010 12:39 PM
secretary
Regulation of Retail Forex
I felt obligated to write you to share both my approval and disapproval of the proposed legislation to control the
forex. I applaud your decision to protect the public from those nefarious persons and companies who seek to
cheat and rob us of our hard earned money. On the other hand the proposal to to set the maximum leverage for
US retail forex to 10:1 does not have similar positive implications. I feel you are not serving to protect us but to
infringe on our right to freedom of choice. Persons should be free to choose how much we chose to risk. As there
are no measures in place to limit how much stock a person buys or how much people bet in the same vein there
should not be any control on how much leverage forex traders have. I thank you for your time and hope good
reasoning prevails.
