Comment Text:
i0-001
COMMENT
CL-05193
From:
Sent:
To:
Subject:
Harry Lieb
Monday, February 8, 2010 2:00 PM
secretary
Proposal to restrict Forex leverage
Dear Secretary,
I disagree with your proposal to restrict leverage on retail Forex accounts. It is not the place of any
organization orgovernment to tell me what I can or cannot invest in nor the terms of my investments.
Your restriction is yet another intrusion into my life. I will ruin the value and opportunity presented by
the Forex market in the United States while foreigners will still have the benefit of higher leverage
siphoning the equity in their gains into their countries. Limitation on Forex leverage in the United States
is one more nail in our economic coffin at a time when our economy is rated as one of the worst in the
world in developed nations. It is a bad idea that will only be opposed by all Forex Traders. A man of the
people who believes in the capitalism that the United States was founded upon would find this proposal
unconscionable.
HarryLieb
DuBois, Pennsylvania
