Comment Text:
i0-001
COMMENT
CL-04640
From:
Sent:
To:
Subject:
Bailey, Allen
Sunday, January 31, 2010 3:09 AM
secretary
re: Regulation of Retail Forex
To whom it may concern,
I am extremely annoyed by the proposal of limiting the leverage of the retail forex brokers to 10 to 1. This proposal seems to be directed at the small traders to limit any possibility of
he/she making any type of profit in the forex market. Government interference in money making entities are becoming more and more frequent and we the public would like to know
why. Better yet we would like it to cease. In your quest to so call try to protect the innocent or small trader you are in essence crippling their ability to create a substance income and it
only seems that your quest is to keep the money in the hands of the already well to do individuals in the United States of America. If this is truly the land of the free and the home of the
brave then please stop trying to limit the financial ways that we have to make money in this society. We are already limited enough, do not try to strangle the opportunity that we have in
the forex markets by limiting the leverage to 10 to 1. 100 to
1 is fine but 10 to 1 is ridiculous. This is my opinion, please listen and understand my complaint.
Thanks,
ALLE~ BAILEY
GAS PLA~T TECH~ICIA~
SPRING GARD~S Lo~oGo
(410)-291-4650 C0)~ROL ROOM
(44~)-660-~241 CELL
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