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.