Comment for Proposed Rule 75 FR 3281
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From:
Paul Toell
Organization(s):
Comment No:
1390
Date:
1/20/2010
Comment Text:
i0-001
COMMENT
CL-01390
From:
Sent:
To:
Subject:
Paul Toell
Wednesday, January 20, 2010 11:54 PM
secretary
Regulation of Retail Forex
RIN 3038-AC61
Keep leverage at about 100 to 1.
10-1 leverage is as bad as 400-1. $ucessful traders know
to not over-leverage. Newbies should be informed and trained in money/risk mgmt. techniques.
Too much regulation makes us feel like we live in nazi germany or sadam iraq. America is about
freedom and choices.., remember?