Comment Text:
i0-001
COMMENT
CL-05170
From:
Sent:
To:
Subject:
Robert Kinman
Monday, February 8, 2010 12:06 PM
secretary
Regulation of Retail Forex
Greetings,
I just wanted to share my feelings on your proposed regulations on the forex market.
I am currently an employee for the USCG. It has been my dream to start my own trading business for some time. I have spent
allot of time learning the forex market and my trading strategy to successfully make this true. I do believe that a stricter
leverage proposal is a great idea. But creating a minimum leverage of 10:1 would make my goals push another 5 to 6 years
forward. I believe when people treat forex as a business you can be successful. I am not sure on the laws, but maybe require
retail traders to trade under a LLC. This will allow traders who truly want to be in this market have a fare shot and a different
point of view. Let's not close doors to our future America, but create pathways for those who truly want to take it.
V/R
Robert Kinman
Robert Kinman
Portsmouth RI, 02871
[email protected]
