Comment Text:
i0-001
COMMENT
CL-06113
From:
Sent:
To:
Subject:
Leo Michael
Friday, March 5, 2010 10:20 AM
secretary
Regulation of Retail Forex
RIN 3038-AC61
Can Uncle Sam please stay out of
my forex trading please. Man, this is one of the last places where Mr
Government from Washington hasn't intruded in my life and you want to
take that too? This feeling that Big Brother Washington knows what is
best for traders is just plain disgusting. Why reduce the flexibility I
have of trading with 100:1 leverage. Why do you want to take away this
right from me.
These
proposed regulations will eliminate the forex trading opportunity for
many individual traders like me. And those wishing to trade forex with
any meaningful leverage
would have to OPEN ACCOUNTS IN BROKERAGES OUTSIDE OF THE UNITED STATES in
more business friendly nations IF THIS REGULATION EVER GOES
THROUGH.