Comment Text:
i0-001
COMMENT
CL-00799
From:
Sent:
To:
Subject:
Kate Hutchinson
Tuesday, January 19, 2010 7:06 PM
secretary
Regulation of Retail Forex
RIN3038-AC61
I am in a deep state of disgust at your proposal to limit leverage to investors at 10:1 in the Forex market.
This action does not protect the consumer in any way from potential fraud but engenders a number of
disadvantages to the investor as well as infringment of free market standards, violation of investor
rights. One of the largest disadvantages perhaps is once again big brother stamping on the little guy.
This rule will not allow small time investors to trade forex and potentially grow their accounts. It will be
a game of the rich as we have seen the government embrace all too often. Change? If this is obamas
change on helpin the rich guy crushin the little guy I don't think I want anymore of it.
