Comment Text:
i0-001
COMMENT
CL-04224
From:
Sent:
To:
Subject:
Ikenna
Wednesday, January 27, 2010 7:14 AM
secretary
Regulation of Retail Forex
Regulation of Retail Forex
I believe that the voice of the people will determine the outcome of this proposal. I am definitely
a~gainst
the proposal to lower leverage for retail traders. Rhetorically speaking, why are the retail traders being
restricted? Trading forex has been the source of income for me during critical times as these. It has not
been social security. It has not been my pension since I was laid off. It has not been medicaid that got
me through these rough times. The Foreign exchange market has been my source of income after the
layoffs, and after the natural disasters.
Lowering the leverage does not help those that are trying to make an honest living in this business. This
limits us. There has to be other alternatives to regulating forex besides taking away the opportunity for
the smaller investor to earn a living. Don't allow this to happen to us!
I encourage all currency traders to contact you with their thoughts on the new leverage change.
Ikenna
