Comment for Proposed Rule 75 FR 3281
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From:
Louis Tomczak
Organization(s):
Comment No:
498
Date:
1/19/2010
Comment Text:
i0-001
COMMENT
CL-00498
From:
Sent:
To:
Subject:
Louis Tomczak
Tuesday, January 19, 2010 11:37 AM
secretary
Regulation of Retail Forex
To whom it may concern-
I am writing to voice my dismay for the leverage requirement idea being tossed around. There is
absolutely no reason for this amount of excessive regulation in the Forex market. I am a 20 year old
college student investing for my future, and Foreign Exchange gives me opportunities that trading stocks
does not; it is, nearly, entirely free market; I don't have to worry about institutional buying, volume, bad
news, or anything else affecting my trades. I can simply trade using my knowledge and my own
parameters, and forcing me to use a certain leverage would conflict with this.
Please, do not do this.
Sincerely,
Louis Tomczak
