Comment Text:
i0-001
COMMENT
CL-04704
From:
Sent:
To:
Subject:
Austin Warby
Monday, February 1, 2010 1:40 AM
secretary
Regulation of Retail Forex
Dear Secretary,
I would like to voice my opinion specifically in regards to the new leverage proposal. I do not agree with
it. I believe that companies should be able to use whatever leverage they wish, because we the customers
can distinguish for ourselves what is to much or to little, not somebody else. It is my money, I will
decide how to use it. The forex is 100 percent different in relation to the stock market. Furthermore the
brokers do such a good job with advertising demo accounts that anyone who enters into this market
knows exactly what the're getting into. If you want to do something to help, you should crack down on
all of the stupid robot expert advisors, they are the scam artists. Or another way to help would be to
make the NFA website easier to understand, it is so confusing. To many people are scammed by false
brokers in other parts of the world. Oh and I was flagged by everyone that risk disclosure statement. So
we know exactly whats going on. Please don't change the leverage.
Thank you,
Austin Warby of Las Vegas, NV
