Comment for Proposed Rule 75 FR 3281
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From:
John Stines
Organization(s):
Comment No:
2204
Date:
1/21/2010
Comment Text:
i0-001
COMMENT
CL-02204
From:
Sent:
To:
Subject:
John
Thursday, January 21, 2010 8:10 PM
secretary
Regulation of Retail Forex
Regarding:
RIN 3038-AC61
As a retail customer of forex, I am opposed to any changes in leverage amounts to my account. Part of
the useful nature of Forex is that one does not have to be wealthy to assume a controlled, and personal,
amount of risk. Changing leverage amounts by a factor of 10x would render the market impossible to
access for most average investors. Is this what the government should be doing? Or should it be
regulating the most massive of banks and institutions that do not include small, private investors in their
business.
Thanks,
John Stines