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Comment for Proposed Rule 75 FR 3281

  • From: Kelly Morris
    Organization(s):
    Autodesk Inc

    Comment No: 3747
    Date: 1/25/2010

    Comment Text:

    i0-001
    COMMENT
    CL-03747
    From:
    Sent:
    To:
    Subject:
    Kelly Morris
    Monday, January 25, 2010 10:20 AM
    secretary
    Propsed regulations
    Dear Mr./Ms. Secretary:
    I am enthusiastic regarding many parts of the proposed regulations regarding protections for traders in the
    FOREX market. But I want to be clear that if you swing the pendulum too far in the direction of regulation, you
    hurt the very folks you're trying to protect. Specifically, restricting leverage to 10:1. Let's not ban bathtubs
    because some people slip and fall. We all assume risk -that's part of life. Trading is no different. I believe it
    would be more beneficial for your website to provide free education for traders of all skill levels, then promote
    your offerings through broker sites. You could even make it a requirement for retail sites to provide a link to
    your website on their homepage. Food for thought.
    Thank you,
    Kelly Morris
    Facilities Coordinator
    Autodesk, Inc.
    Novi, Michigan
    Direct (248) 449-2136