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Comment for Proposed Rule 75 FR 3281

  • From: Adrienne
    Organization(s):

    Comment No: 2318
    Date: 1/21/2010

    Comment Text:

    i0-001
    COMMENT
    CL-02318
    From:
    Sent:
    To:
    Subject:
    Adrienne
    Thursday, January 21, 2010 10:07 PM
    secretary
    Regulation of Retail Forex
    Regulation of Retail Forex- Identification number RIN 3038-AC61
    People that trade FOREX have to be disciplined and trained.
    If they are not, they should not trade in the FOREX market.
    By reducing the leverage, it would take the serious trader for ever to make any progress.
    Concentrate on limiting those that do not know these rules instead of tying the hands of the traders that
    do.
    All traders should have the right to choose the amount of leverage that is appropriate to their risk level, and the
    basic principal of choosing what is best for them, should not be threatened by the CFTC proposed regulations.