Comment Text:
i0-001
COMMENT
CL-04237
From:
Sent:
To:
Subject:
joe pahls
Wednesday, January 27, 2010 9:28 AM
secretary
regulation of retail forex
Re: Identification RIN 3038-AC61
I am writing to voice opposition to the proposed regulations reducing leverage to 10 to 1. Not only would this
make it impossible for a trader to make a living with such oppressive reductions in leverage, it is not necessary.
The capital being risked is the trader's own capital, there are measures in place to contain risk, and I don't need
another part of the government deciding they need to protect me from myself. This is a bad proposal that needs to
go away.
Joe Pahls
