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Comment for Proposed Rule 75 FR 3281

  • From: Richard F Anderwald
    Organization(s):

    Comment No: 3573
    Date: 1/24/2010

    Comment Text:

    i0-001
    COMMENT
    CL-03573
    From:
    Sent:
    To:
    Subject:
    Dick Anderwald
    Sunday, January 24, 2010 5:16 PM
    secretary
    Regulation of Retail Forex
    David Stawick, Secretary
    Commodity Futures Trading Commission
    Secretary Stawick,
    RE: R1N 3038-AC61
    It is vital that fraud and deception within the Forex Market be eliminated. However, reducing leverage
    would not achieve the stated intent. I believe that the customer should be given the freedom to choose
    the appropriate amount of leverage for his/her individual trading style and risk tolerance.
    Please do not penalize the retail customer. Instead, increase oversight over broker practices, so that the
    playing field is level for retail customers.
    Thank you,
    Richard F. Anderwald
    4796 Overture Ct
    Colorado Springs, CO 80906