Comment Text:
i0-001
COMMENT
CL-04861
From:
Sent:
To:
Subject:
Mike Baker
Wednesday, February 3, 2010 8:23 PM
secretary
Regulation of Retail Forex
I have been a single person, private citizen, trader for years and I am extremely opposed to the proposed
leverage changes. I would simply not be able to trade and would move my account overseas.
Leverage is something, like drinking, that is abused by the minority and should not be regulated in the proposed
fashion.
Adults should be able to act as adults.
You are over-regulating human behavior and simply are dead wrong.
PS. My income runs generally between 400k and 800k a year and that money would be eliminated by foolish laws
and then I would fire two people who work for me.
I am 61 years old with three college degrees. I can act fof myself and am coming to the point where I hate my
government and am thinking of moving to another country entirely. Thus, I would take income out of the US.
I understand that you probably mean well, but this is so wrong headed as to be asinine.
Sincerely,
Mike Baker 505 984 0263 why don't you call some actual human beings and get their comments?
