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Comment for Proposed Rule 75 FR 3281

  • From: Larry Daniels
    Organization(s):

    Comment No: 6435
    Date: 3/6/2010

    Comment Text:

    i0-001
    COMMENT
    CL-06435
    From:
    Sent:
    To:
    Subject:
    Larry Daniels
    Saturday, March 6, 2010 10:18 PM
    secretary
    Regulation of Retail Forex
    I have been an active Forex currency trader for almost 2 years. I understand that there is a proposed
    regulation change, reference RIN 3038-AC61, to decrease the leverage in retail forex accounts. I am
    against this and absolutely do not support the change. I believe that people should have the right to
    decide what level of risk to take and that this type of regulation is another step toward a more socialized
    type of society. It should be a person's right to choose his/her level or risk, not the government's. Please
    consider this when deciding on this legislation. Thank you.
    Larry Daniels