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Comment for Proposed Rule 75 FR 3281

  • From: Thomas DeLello
    Organization(s):

    Comment No: 4345
    Date: 1/28/2010

    Comment Text:

    i0-001
    COMMENT
    CL-04345
    From:
    Sent:
    To:
    Subject:
    Attach:
    [email protected]
    Thursday, January 28, 2010 10:59 AM
    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 Thomas
    last name DeLello
    address1 19 ALEXANDER AVE
    city FARMINGDALE
    country United States
    us state NY
    zip 11735-1603
    company
    In regards to proposed regulation to further curb Forex leverage levels:
    Enough is enough...please leave it alone already. Get rid of the Forex fraudsters...fine...great
    job!! But I am a 43 year old man...don't treat me like a 12 year old boy. Unless you are giving
    me money to trade with let me decide how much leverage to use in my own personal trading.
    Don't take away my freedom to speculate and define my own risk levels. Where does it
    end...are you going to tell someone that they can't speculate on a piece of risky real estate or
    they can't put their life savings down to open a restaurant? I don't see you at the blackjack
    table in Las Vegas telling anyone they can't bet it all on the next hand! We get it...we know
    Forex,as any investment, can be risky but let the individual manage his own money. Please!