Comment for Proposed Rule 75 FR 3281
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From:
Elizabeth Gard
Organization(s):
Comment No:
1972
Date:
1/21/2010
Comment Text:
i0-001
COMMENT
CL-01972
From:
Sent:
To:
Subject:
Beth Gard
Thursday, January 21, 2010 4:18 PM
secretary
'Regulation of Retail Forex'
Dear Secretary,
I am dismayed to hear that you are proposing a change to the trading leverage currently in place in the
Forex Market. I understand that supposedly this change is to "protect" the retail trader.
What happened to America? I know the risks they are spelled out everywhere and if l choose to take them
shouldn't I be allowed to?
Are you then going to make the brokers insure the retail trader's money in our accounts since what you
propose will make us have to place substantial money in uninsured accounts?
So come to think of it who is this really benefitting? It is certainly not the retail trader.
I am opposed to this suggested regulation,
Elizabeth Gard
identification number RIN 3038-AC61