Comment Text:
i0-001
COMMENT
CL-03391
From:
Sent:
To:
Subject:
Henry Jackson
Saturday, January 23, 2010 8:29 PM
secretary
Regulation of Retail Forex RIN 3038-AC61
This proposed legislation is wrong. Investors should be allowed to make their own decisions. I am a retail Forex
trader. I have had success at it utilizing 100 to 1 leverage. At certain times I have purposely reduced my
leverage on certain trades.
I know you think you are safeguarding the "small retail investor", who is irresponsible and accepts a sgospel the
internet quackery regarding "Instant Riches in Forex" but take it from me I am still considered a small retail
investor (as compared to a large institiutional trader), but I have had the freedom to learn and grow in a proper
manner.
Instead of spending the money on proposed legislation. Why don'y you seek out these quacks that promise
unlimited wealth for litle work. Everyone with the money to engage in this business should accept "TANSTAAFL"
as an economic axiom (TANSTAAFL - there ain;t no such thing a s a free unch). Do no penalize those of us who
are responsible. Don't limit the market and take money out of the pocket of those like me. Remember I vote to.
