Comment Text:
io-ooi
COMMENT
CL-03315
From:
Sent:
To:
Subject:
Attach:
[email protected]
Saturday, January 23, 2010 2:59 PM
secretary
Public Submission for 2010-00456
Public Submission for 2010-00456.zip
Please refer to the attached file.Please Do Not Reply This Email.
Public Comments on Regulation of Off-Exchange Retail Foreign Exchange Transactions and
Intermediaries:
Title: Regulation of Off-Exchange Retail Foreign Exchange Transactions and Intermediaries
FR Document Number: 2010-00456
Legacy Document ID:
RIN: null
Publish Date: Wed Jan 20 00:00:00 EST 2010
Submitter Info:
first_name Gary
last name Marten
address1 811681stDrNE
city Marysville
country United States
us state
zip 98270
company
Please...enough with the regulations already.
A downward change in the leverage rule will damage or destroy my ability to trade Forex.
Many (if not most) of us got into Forex trading because it gave us the ability to leverage our
investment capital. This proposed change, if enacted, will once again hurt the regular guy.
Please try to remember that capitalism is what made this the greatest country on earth. And
capitalism is all about risk/risk management and corresponding rewards. The move in this
country to regulate everything is killing this country. Let the markets decide the winners and
Ioosers...not the regulators.
G. Marten