Comment Text:
i0-001
COMMENT
CL-04891
From:
Sent:
To:
Subject:
[email protected]
Wednesday, February 3, 2010 10:27 PM
secretary
Regulation of Retail Forex
Dear Mr. Secretary,
I have read the rule proposal and I believe the intent is to protect traders from various forms of abuse. I have an
appreciation for this type of protection however the leverage limitation is essentially protecting a trader from
himself. That type of regulation is only interference where it is not wanted.
I am a full time trader making a living in the retail forex market. This proposal would severely limit my ability to
be successful.
I believe that the protective parts of the proposal are a good thing but I am against any change in leverage
capacity. The brokerage that I use has a plethora of video tutorials and reading material for a person to become
very versed in the usage of leverage. There are also, of course, many free quality tutorials available on the
internet.
Please stop the motion to limit the leverage!
Respectfully,
Adam Roper
P. O. Box 7482
The Woodlands, TX
77387-7482
