Comment Text:
i0-001
COMMENT
CL-04006
From:
Sent:
To:
Subject:
[email protected]
Tuesday, January 26, 2010
8:14 AM
secretary
Public Comment Form
Below is the result of your feedback form. It was submitted by
([email protected]) on Tuesday, January 26, 2010 at 08:14:10
commenter_subject: Regulation of Oft-Exchange Retail Foreign Exchange
Tra
commenter_frdate: January 20, 2010
commenter_frpage: 3282
commenter_comments: This proposal limits retail account to a maximum
margin of just 10 to 1. This will effectively take
(me) the small trader out of the Forex trading. It
will again be just for the banks and large
investors. Why are you doing this? The 100:1 is
bad enough and should be put back at 200:1. You
are taking all the freedom of choice away from (me)
the American investor. Government regulations are
good to a point. This proposal has gone why past
that point and is just a very bad idea. Please get
out of my way government just protect the freedoms
we have. Don't reduce my freedoms of choice in
FOREX trading by flainking you are trying to protect
me. IfI want a margin of 10:1 or 400:1 it should
be my choice base on what flae free market
enterprise is willing to supply, not a mandated one
from goverrmaent. This is a classic case of to much
goverrmaent intervention and regulation destroying
the free market enterprise.
commenter_name: Dale Figart
commenter withhold address on: ON
commenter addressl 9118 Mirecourt
commenter_city: San Antonio
commenter state: Texas
commenter_zip: 78250
commenter~)hone: 210-370-7757i0-001
COMMENT
CL-04006
