Comment Text:
i0-001
COMMENT
CL-06917
From:
Sent:
To:
Cc:
Subject:
Kurt Girdler
Friday, March 12, 2010 7:31 PM
secretary
[email protected]
Proposed regulation of maximum forex leverage.
To whom it may concern:
am writing to protest the proposed regulation of maximum forex leverage to 10:1.
am a foreign investor and hold accounts with 2 different US based forex brokers.
oppose this proposal for the following reasons:
) the USA is supposed to be the home of capitalism! Start treating investors like grown ups instead of children.
Investment in any arena is for the informed, the educated and the prepared. Anyone who rushes in blindly,
deserves the outcome, no matter what it may be. Stop behaving like a bunch of communist bureaucrats
promoting the nanny state! We do not need you.
2) I, and all my fellow forex traders support the US financial services industry. The moment these proposed
regulations are confirmed I will begin making arrangements to move my trading activities to another, more
sensible country. I think you will find that all my fellow traders, both international and American will be racing me
for the exit. More unemployment - just what the US economy needs at the moment, isn't it?
Come on guys, prove to me that being left wing bureaucrats & making intelligent decisions are not mutually
exclusive!
Regards
Kurt Girdler
Forex Trader
New Zealand
E: [email protected]