Font Size: AAA // Print // Bookmark

Comment for Proposed Rule 75 FR 3281

  • From: Sean P Wilson
    Organization(s):
    PVE Inc

    Comment No: 7869
    Date: 3/16/2010

    Comment Text:

    i0-001
    COMMENT
    CL-07869
    From:
    Sent:
    To:
    Subject:
    Sean P. Wilson
    Tuesday, March 16, 2010 12:41 PM
    secretary
    New Leverage Rules
    I am a small investor, and I've trading in the Forex market for the last couple of years - carefully.
    The change to the amount of leverage available to me is going to hurt only one group of investors: the small
    independent person like me. I don't think there's anyone that works with the Forex market that isn't aware of the
    volatility of this particular market, or its inherent danger-- that's a lot of the reason we're in it! We don't need to be
    protected by government by making it impossible to access this market. In the words of my seven-year-old:
    "That's just dumb."
    I'm not sure I can make it any more plain, in this time of government giant-hand manipulation, and the resulting
    economic fall-out across the board: Stop. Messing. With. Stuff.
    Sean Wilson
    Senior Analyst
    PVE, Inc.