Comment Text:
i0-001
COMMENT
CL-06985
From:
Sent:
To:
Cc:
Subject:
Jim Marten
Friday, March 12, 2010 8:26 PM
secretary
[email protected]
Regulation of Retail Forex
RIN 3038-AC61
I'm writing to express my disagreement with the proposal to reduce the maximum amount of
leverage for Forex traders. Doing so would severely limit the ability for people like me- who don't
have a lot of money to invest- to be able to trade in the Forex markets at all. l realize that one
could make the argument that if these people don't have a lot of money to invest in the first place,
they shouldn't be looking for more leverage, but I think that would be doing a disservice to the
American people. I think that logic assumes that investors aren't willing to do research into risk
management and the proper ways to trade. Consequently, people who do educate themselves
properly are effectively being punished for those who don't. Please reconsider this proposal.
Thank you for your time-
Jim Marten
