Comment Text:
i0-001
COMMENT
CL-00393
From:
Sent:
To:
Subject:
ravenhair49
Tuesday, January 19, 2010 8:51 AM
secretary
Regulation of Retail Forex Market
Good
Morning:
I'm writing to express my opposition to the proposed regulation to limit leverage in the retail forex
market. I'm an individual investor, and my future income depends on my ability to trade this
market.
1) I'm an adult and capable of making my own decisions regarding my money. I don't need
government regulations to tell me the danger of trading with larger leverage. Let me make my
own decisions about how I trade my money.
2) Reducing leverage will send even more trader accounts overseas - I already know traders
who have done this based on rumor of this regulation. U.S dollars leaving the country is not a
good thing for the country.
3) Many people make a good living in the 4X market and pay taxes based on that money. If
you regulate the market, you will reduce tax dollars going into the U.S. treasury. Our deficit is bad
enough without this regulation reducing tax dollars.
Best regards,
Lea Ward
2247 Merritt Way
Arlington, Texas
(817) 417-0718
[email protected]
