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Comment for Proposed Rule 75 FR 3281

  • From: Vincent Abbatiello
    Organization(s):

    Comment No: 4044
    Date: 1/26/2010

    Comment Text:

    i0-001
    COMMENT
    CL-04044
    From:
    Sent:
    To:
    Subject:
    Vincent Abbatiello
    Tuesday, January 26, 2010 10:30 AM
    secretary

    Regulation of Retail Forex
    Dear Sir:
    In regards to the recent proposal of reducing the leverage Forex brokers
    are able to give, I strongly encourage you to please stay out of the
    Forex market and leave the leverage alone. The decision on leverage is
    between myself and my broker. I and my fellow traders are perfectly
    capable of making our own decisions. We are not children and do not need
    or want your help or assistance in any shape, manner or form. We trust
    our brokers and are happy with the amount of risk. We will deal with the
    consequences of our actions like men and don't need any assistance.
    I have never, to my knowledge, interfered with anything you do to
    support your family or earn a living. Please afford me the same courtesy
    as I have given you.
    Vincent
    Abbatiello
    Raymond, Maine