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Comment for Proposed Rule 75 FR 3281

  • From: Douglas Curl
    Organization(s):

    Comment No: 426
    Date: 1/19/2010

    Comment Text:

    i0-001
    COMMENT
    CL-00426
    From:
    Sent:
    To:
    Subject:
    Douglas Curl
    Tuesday, January 19, 2010 10:01 AM
    secretary
    Regulation of Retail Forex
    RIN 3038-AC61
    I currently trade retail forex as a way to earn a living. I can tell you that if you try to limit the leverage amount of
    brokers, you will most definitely put me out of work.
    It IS NOT your place to tell people how much risk to take. I have been trading for years with 100:1 leverage without
    ever having a problem. It is not your place to take away my choices and freedom of trading.
    All traders have to make their own choice based on their own trading system as to how much leverage they are
    willing to accept. Again, it IS NOT your place to but in and start telling people how much risk they are allowed to take.
    You are trying to kill the entrepreneurial spirit within the forex trading community.
    Keep out of my personal financial choices, it's none of your business.
    -Douglas Curl
    (602)
    773-6873