Comment for Proposed Rule 75 FR 3281
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From:
Richard Kabia
Organization(s):
Comment No:
1767
Date:
1/21/2010
Comment Text:
i0-001
COMMENT
CL-01767
From:
Sent:
To:
Subject:
Richard Kabia
Thursday, January 21, 2010 11:38 AM
secretary
Fw: Regulation of Retail Forex ID # R1N 3038-AC61
..... Forwarded Message ....
From:
Richard Kabia
To: [email protected]
Sent: Thu, January 21, 2010 11:27:56 AM
Subject:
Dear Sir:
As a spot currency trader I think it is only wise to trade currency if you have the experience
and the education to execute profitable trades.Meaning, at least a masters degree in macro
economics and finance.Trading is not for the ill prepared;it is certainly not a
casino.Deleveraging only benefits the uneducated traders at the expence of people like us with
a strong economics background. Trust me one way the economy can generate jobs,sustain
growth, development ,and cashflow is to increase trading leverage from 100:1 to 500:1, and
ban people with no economics background,people that think it is a casino environment from
trading.Thank you.
Sincerely,
Richard Kabia
