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Comment for Proposed Rule 75 FR 3281

  • From: Bill Earle
    Organization(s):

    Comment No: 133
    Date: 1/15/2010

    Comment Text:

    i0-001
    COMMENT
    CL-00133
    From:
    Sent:
    To:
    Subject:
    Bill
    Friday, January 15, 2010 10:11 PM
    secretary
    Regulation of Retail Forex
    Tightening the rules on brokers and their ilk is a good idea.
    However, the restriction of leverage to 10:1 will not help me as a forex beginner. It will simply eliminate any
    significant potential reward.
    I am studying the ins and outs of forex in order to hopefully make some money. Protecting me from risk is my job,
    not anyone else's.
    I take life and death risks every day just by driving to and from work. Should the government start telling me which
    route to travel and how to navigate curves?
    If your goal truly is to protect people, then educate them/us. Don't try to put us in cages and call it safety.
    "Security without Liberty is called Prison."
    Bill Earle
    North Brookfield, MA

    From uploaded file 133_BPACConsole.txt:

    1/4/2010 3:55:29 PM... 23 change(s) to BPAC list.
    1/4/2010 4:02:59 PM, True... 23 change(s) to BPAC list.