Comment Text:
i0-001
COMMENT
CL-06340
From:
Sent:
To:
Subject:
[email protected]
Friday, March 5, 2010 11:19 PM
secretary
'Regulation of Retail Forex'...RIN 3038-AC61.
RIN 3038-AC61.
Dear Sir;
I am retired and a small retail forex trader. For several years I have been trading a small
account and as a result I have been able to make enough money trading to help with some
essential needs. If they make a law that reduces the leverage to 10 to one it means i will
need to put up 10 times more capital to make the same money... VVhy are they doing this.
Are they trying to drive the little guy out and give the advantage to the big banks and hedge
funds?
Hopefully they are not making this law to "protect" the small trader... We don't need
protection.
Please don't protect us..just stay out of it. I have found that most small forex traders go into
with their eyes open. Forex is far safer then the stock market in my opinion.
