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Comment for Proposed Rule 75 FR 3281

  • From: Jettpilot1
    Organization(s):

    Comment No: 4690
    Date: 1/31/2010

    Comment Text:

    i0-001
    COMMENT
    CL-04690
    From:
    Sent:
    To:
    Subject:
    jettpilotl
    Sunday, January 31, 2010 7:01 PM
    secretary
    forex
    What is the reason for this 10:1 restriction on Forex trading in the US. ? And why is it buried in a bill to protect
    traders when in fact it will only help out the rich?
    Think of the thousands of traders it will kick out of the market including me. I think this market should remain the
    way it is. Sounds to me like an antisocial act against the smaller traders in America.
    Risk is risk and should be determined by the investor. Instead of reducing the forex lets increase stocks and
    commodities to 100:1 so everybody can play the game.