Comment Text:
i0-001
COMMENT
CL-01230
From:
Sent:
To:
Subject:
[email protected]
Wednesday, January 20, 2010 9:49 PM
secretary
NO to proposed Forex leverage changes
All these regulations changes would do is benefit the futures industry. Shame on you, leave the people of this
country alone! If people want to leverage 100,200,500:1 it's their choice, not yours. You wouldn't save anyone
from making the same trading choices, just a different market. Not to mention drive 100's of millions of dollars to
overseas brokers. If these "regulations" were to take place I would just move my money to london along with
every other trader I work with. London is starting to look like a paradise compared to how this country and
government are acting lately. Simple rule to operate by: would I like someone taking away my choices and rights?
All you need to worry about is fraud and corruption, not directing people.
