Comment Text:
i0-001
COMMENT
CL-03118
From:
Sent:
To:
Subject:
Togikawa, Tyler
Saturday, January 23, 2010 2:27 AM
secretary
Regulation of Retail Forex
Dear Ladies and Gentlemen of the U.S. Commodity Futures Trading Commission,
I am writing to express my opinion by saying that I am against the proposed regulations of, "leverage in retail
forex customer accounts being subject to a 10-to-1 limitation".
I believe that all traders should have the right to choose the amount of leverage that is appropriate for his/her risk
appetite, and that this basic principle of 'choice' is being threatened by the proposed regulations.
It saddens me to see our ability to move money between hands threatened by the potential choking hands of
increased regulation. Must liberty really be at stake for our own protection?
Thank you for hearing my opinion in regards to this proposal, identified as RIN 3038-AC61.
Tyler Paul Togikawa
Seattle University
Albers School of Business Administration in Finance
GFT Forex - Trader