Comment Text:
i0-001
COMMENT
CL-05935
From:
Sent:
To:
Subject:
Thomas
Thursday, March 4, 2010 8:10 AM
secretary
Regulation of Retail Forex
Sir
I am adamantly opposed to altering the leverage on the exchanges of the Yen in the foreign exchange market.
Changing this ratio to 10:1 will preclude me, a small investor, from engaging in trade of this currency, and reserve
it for the very wealthy or for institutions. This is plainly unfair.
I have had gains and losses in trading this currency, and am capable of making these decisions and assuming
what risk I choose. I oppose this arbitrary limit as undue and unnecessary interference into the free market and
upon my ability to engage in economic activity.
I wish to repeat that this change will serve no other purposed than to eliminate this opportunity from the small
investor like myself. If this is the purpose of the proposed change, I question why this is considered a legitimate
act.
Thank you.
Thomas Curry
Wake Forest, NC
919 562 9437