Comment Text:
i0-001
COMMENT
CL-04524
From:
Sent:
To:
Subject:
Brad Shaver
Friday, January 29, 2010 10:34 PM
secretary
'Regulation of Retail Forex'
To: David Stawick
Commodity Futures Trading Commission
1155 21st Street, N.W.,
Washington, DC 20581
ID number RIN 3038-AC61
I strongly oppose the movement to change the leverage amounts to 10:1 for FOREX trading. You will only be hurting the little
guy. The proposed requirements will enable only the banks and hedge funds to continue to dominate the market. I strongly
request that you leave the leverage requirements as they are and let each individual make their own decisions and assume
their own level of risk. It is the responsibility of each investor in any market stocks, bonds, or Forex to understand the risks and
do their homework. I personally have spent quite a bit of time doing my home work and find FOREX as an excellent
investment vehicle. If you change the leverage rules then I will be taken out of the FOREX market as will many others. The
10:1 proposal must not stand, freedom would dictate that you let the individual investor make their own decisions, they can
choose that level of leverage if they desire.
Thanks,
Bradley Shaver
Bradley Shaver
Senior Partner
BrandClarity
LLC
Direct Dial 704.335.7117
[email protected]
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