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Comment for Proposed Rule 75 FR 3281

  • From: Robert Hatch
    Organization(s):

    Comment No: 1715
    Date: 1/21/2010

    Comment Text:

    i0-001
    COMMENT
    CL-01715
    From:
    Sent:
    To:
    Subject:
    Robert Hatch
    Thursday, January 21, 2010 10:49 AM
    secreta ry < secreta ry@ C FTC. g ov >
    Regulation of Retail Forex'
    To whom it may concern:
    I have been involved with the Forex market for several years. I realize that it can be a volatile
    market and that the risks and rewards can be high. However, I am very concerned that your
    regulations decide what risk I should take. I believe I should determine my risk and that I am
    intelligent enough to manage this. I actually believe that the changes you have made in the past
    and the 10:1 leverage limit that you are proposing increase my risk. I am upset that such
    regulations can be implemented in the United States where the free market system is embraced. I
    believe your actions cater to one group, and that is the rich.
    I hope you will reconsider your past actions and that which you are proposing.
    Thank you,
    Bob Hatch
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