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Comment for Proposed Rule 75 FR 3281

  • From: Thomas White
    Organization(s):

    Comment No: 6920
    Date: 3/12/2010

    Comment Text:

    i0-001
    COMMENT
    CL-06920
    From:
    Sent:
    To:
    Cc:
    Subject:
    Thomas White
    Friday, March 12, 2010 7:34 PM
    secretary
    [email protected]
    Regulation of Retail Forex
    Dear Sir/Madam
    In reference to RIN 3038-AC61, I strongly request that the regulation of the retail forex market not be
    enacted.
    Those wishing to participate in this market are keenly aware of the pitfalls of doing so. The decision to
    participate in this market, and at the level the individual chooses, should be solely left to the discretion
    of the investor.
    Brokers provide ample risk disclosures with regard to leverage and it's affects. Investors choose to
    accept these risks and I feel governmental intervention in this matter is not warranted nor desired.
    I firmly believe that the proposed type regulation in this market is unfair to smaller investors and ask
    that it not be considered.
    Sincerely,
    Thomas White