Comment for Proposed Rule 75 FR 3281
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From:
Isaac F Wiley
Organization(s):
Comment No:
3169
Date:
1/23/2010
Comment Text:
i0-001
COMMENT
CL-03169
From:
Sent:
To:
Subject:
Ike Wiley
Saturday, January 23, 2010 8:36 AM
secretary
'Regulation of Retail Forex'
RE: RIN 3038-AC61
Please do not change the maximum leverage requirement for Forex spot trading. Regulation in some
areas is a good thing, but limiting what I can risk is going too far. I should have the right to choose the
leverage appropriate to my style and desired risk. If you think this is in the best interest of a traders
capital preservation, I strongly disagree. If you think intervention is necessary, perhaps you should
consider an alternative approach such as a minimum amount of education in the trading arena pertaining
to leverage and risk.
Sincerely, Isaac F. Wiley