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Comment for Proposed Rule 75 FR 3281

  • From: Dwayne Cooper
    Organization(s):

    Comment No: 1404
    Date: 1/21/2010

    Comment Text:

    i0-001
    COMMENT
    CL-01404
    From:
    Sent:
    To:
    Subject:
    Pip Catcher
    Thursday, January 21, 2010 12:15 AM
    secretary
    'Regulation of Retail Forex'
    I just wanted to put my two cents on the proposal to limit leverage in retail Forex accounts RIN 3038-AC61. As a
    Forex trader and small businessman, the thought of somebody determining for me the amount of risk that I should
    take in a trade is insulting. I understand the intent of making the changes but we are all adults and part of the
    process of becoming a trader lies in our ability to evaluate all aspects of a trade. The risk or amount of leverage
    should be left up to the individuals placing the trade.
    Sincerely,
    Dwayne Cooper