Comment Text:
i0-001
COMMENT
CL-04691
From:
Sent:
To:
Subject:
Gary Parrish
Sunday, January 31, 2010 7:21 PM
secretary
Regulation of Retail Forex
As a retail trader I am vehemently opposed to changing the leverage value to 10:1. I have invested a lot of time
and money to acquire the skills and knowledge needed to trade in the forex market. I resent this ongoing
governmental and political interference in the market. As an example, look at the damage done to financial
institutions world wide by forcing the banks to make loans to people unable to repay them. Besides the damage
RIN 3038 - AC61 will do to the retail aspect of the forex market this proposal is more evidence of the failed
socialist economic policies of President Obama and his administration that is intended to bring the United States
to its knees financially. This is just another example of more regulation and less freedom.
Regards,
Gary Parrish
