Comment Text:
i0-001
COMMENT
CL-04721
From:
Sent:
To:
Subject:
Alisha Eizel
Monday, February 1, 2010 11:36 AM
secretary
Regulation of Retail Forex
To Whom It May Concern:
I'd like to express my concern for the regulation of retail forex that is currently being considered. The regulatory changes
proposed will in fact cripple the US retail forex industry.
At a time when industries of all kinds in this country are fighting to survive in this economy, the proposed legislation does
nothing but make survival an improbability for companies who have formed their base & individuals who have rooted their
careers in forex.
Such drastic changes in leverage are not justified. Traders should have the right to determine what degree of leverage they
want to trade with. Far too often, the private sector is told what to do and when to do it & how to do it. Give traders the
freedom to make leverage decisions for themselves. Forex retails already have procedures in place to safeguard traders from
known &/or unknown risk.
I thank you for taking the time to hear these thoughts that represent not only my opinion - but the opinion of many.
Best regards,
Alisha Eizel
Alisha Eizel
Grand Rapids MI, 49546
[email protected]
