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Comment for Proposed Rule 75 FR 3281

  • From: Lance Goings
    Organization(s):

    Comment No: 3525
    Date: 1/24/2010

    Comment Text:

    i0-001
    COMMENT
    CL-03525
    From:
    Sent:
    To:
    Subject:
    Lance goings
    Sunday, January 24, 2010 1:06 PM
    secretary < secretary@ C FTC. g ov >
    Regulation of Retail Forex
    Dear Sir or Madam,
    I've recently come aware of regulations proposed by your office to regulate retail forex leverage to
    10:1. This action would bring thousands of citizens trading abilities to a dead stop. I for one have
    invested years of study and finance into trading to try and provide an extra income for my family.
    Retail forex is one of only a few legitimate vehicles that a small investor can use on the internet in
    a sea of scares and cons to have a chance at leveraged income. Retail forex has not been available
    to us very long and this proposed regulation would remove it from us. I am for keeping brokers
    honest and accounted for, I am not for excessive regulation of opportunity.
    Thank you for your attention,
    Lance Goings
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