Comment Text:
i0-001
COMMENT
CL-07535
From:
Sent:
To:
Cc:
Subject:
Edward Kosmal
Sunday, March 14, 2010 9:58 PM
secretary
[email protected]
RIN 30 38-AC61, Regulation of Retail Forex
I object to the proposed attempt to reduce leverage on currency
transactions.
All of the literature and all the websites clearly state that trading
in currencies is a risky business.
It is only the the uneducated and uninformed who may sustain large
losses.
STOP LOSS orders are more than adequate protection for guessing the
wrong way.
Get rid of your NANNY STATE mindset. Are you next going to guarantee
PROFITS for the masses who have no business in this market.
Regards
Edward Kosmal
3-14-10
