Comment Text:
i0-001
COMMENT
CL-05359
From:
Sent:
To:
Subject:
gdsmtn 1265 @gotsky. com
Saturday, February 13, 2010 4:18
PM
secretary
Public Comment Form
Below is the result of your feedback form. It was submitted by
([email protected]) on Saturday, February 13, 2010 at 16:17:51
commenter_subject: Retail Forex Leverage Regulation
commenter frdate: Jan 20, 2010
commenter_frpage: 75FR3281
commenter_comments: The limiting of leverages as it pertains to the
retail forex market is simply a bad idea. Doing
this will only allow those who already have lots of
money to engage in forex trading. Trading markets
should be available to everyone, including those
who don't have tens-of-thousands of dollars to
invest. Passing this regulation will only ensure
that the rich stay rich, and the poor don't even
have a chance.
As a new trader with not a lot of startup capital,
I will be forced to take my business elsewhere, as
this regulation will make my trading efforts moot.
I am very well aware of the inherent risks of day
trading, but I do not want or need your protection
from the markets. I would, however, appreciate
regulation that is aimed at keeping at least some
ethics in those who handle my market orders.
commenter_name: Daniel Gottberg
commenter_addressl 31008 N Spotted Rd
commenter_city: Deer Park
commenter state: WA
commenter_zip: 99006
commenter_phone: 509-998-7199
