Comment for Proposed Rule 75 FR 3281
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From:
Alejandro Lara
Organization(s):
Comment No:
523
Date:
1/19/2010
Comment Text:
i0-001
COMMENT
CL-00523
From:
Sent:
To:
Subject:
alej andro lara
Tuesday, January 19, 2010 12:07 PM
secretary
REGULATION OF RETAIL FOREX RIN 3038-AC61
I am writing in concern of the new proposal on changing the amount of leverage to 10.1 on Forex, I believe is the
most ridiculous thing to do me as a trader the only thing lam going to is to move my money outside the US, I
don't understand why this change ? if you are doing this so new traders can have less risk is totally wrong, it is
totally acceptable to have risk when you are investing if people don't want to have risk don't invest, I don't
believe is right to make this changes just to try to protect people from not losing money is impossible, investing
has risks, its enough to try to control everything, people should make their own decision on leverage and
manage their own risk.
Hope this changes never go forward, for the best for all.
Alex Lara
Mcallen, Tx
