Comment Text:
i0-001
COMMENT
CL-04347
From:
Sent:
To:
Subject:
Neil M. Greisman
Thursday, January 28, 2010 11:16 AM
secretary
Regulation of Retail Forex
RIN 3038-AC61
My understanding is that you are soliciting comments on the proposed changes to the regulations
regarding leverage in the Forex spot market. This change will alter the current 100:1 leverage to
10:1 and that your motivation is to help protect investors/traders.
As a relatively new 4x trader [just under a year trading with a live account], I do not think that I
can adequately express my objection to the continued naivete of this branch of the government.
You should be spending your time [and US tax payers money] on education, not on regulations
that promote a move away from personal responsibility. The more you treat your citizens like
incompetent idiots and effect policies and regulations that re-enforce this way of thinking, the
more you will continue your steep decline as a Nation.
Neil M. Greisman
ngreisman@gmaih corn
416-277-8907
