Comment for Proposed Rule 75 FR 3281
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From:
Brian Benson
Organization(s):
Comment No:
1595
Date:
1/21/2010
Comment Text:
i0-001
COMMENT
CL-01595
From:
Sent:
To:
Subject:
Brian Benson
Thursday, January 21, 2010 7:47 AM
secretary
Retail Forex Regulation
The amount of leverage I choose to use is a private matter between
myself and my broker. Mind your own business, CFTC, and leave people
free to manage their own accounts as they desire. Limiting leverage to
10:1 in retail FX will not protect people from poor risk management
practices which cause the ultimate destruction of their accounts. This
leverage limitation will not even necessarily slow the rate at which
new traders' accounts are wiped out. CFTC, please call upon your
rationality, for once, and cease proposing to impose leverage
limitations on retail forex traders.
Sent from my iPhone
