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Comment for Proposed Rule 75 FR 3281

  • From: Geoffrey Wooden
    Organization(s):

    Comment No: 2391
    Date: 1/22/2010

    Comment Text:

    i0-001
    COMMENT
    CL-02391
    From:
    Sent:
    To:
    Subject:
    Geoff Wooden
    Friday, January 22, 2010 12:31 AM
    secretary < secretary@ C FTC. g ov >
    Regulation of Retail Forex
    ID Number:
    RIN 3038-AC61
    I am writing to protest the proposed changes to retail forex requirements. Leverage should be our
    choice, not the goverment's. More importantly, if the margin requirement is $10,000, who can trade
    forex? Only rich people. In other words, rich people have the opportunity to get richer. Those of us who
    are not rich yet, will have yet again been blocked from the opportunity. Whether or not to trade forex is
    an individual's decision. We're all adults. We don't the goverment to babysit us. Don't change the
    requirements.
    Thank you.
    Geoffrey Wooden
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