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Comment for Proposed Rule 75 FR 3281

  • From: Wayne Powell
    Organization(s):

    Comment No: 3862
    Date: 1/25/2010

    Comment Text:

    i0-001
    COMMENT
    CL-03862
    From:
    Sent:
    To:
    Subject:
    Wayne Powell
    Monday, January 25, 2010 5:54 PM
    secretary
    Regulation of retail forex
    Hello,
    I do agree with bringing more accountability to the brokers, however I
    do not agree with the change in
    the leverage to 10 to
    1 it will hurt the good traders who are making a living. Also it will hurt the person
    who like to get a start in investing their money and grow their money. I believe in personal responds
    ability everyone should not pay for peoples ignorance the trader needs to be educated and know exactly
    what they are getting themselves into.
    Thanks