Comment Text:
i0-001
COMMENT
CL-07089
Froln:
Sent:
To:
Subject:
FRIEDRICK C. SEIBOLDT
Friday, March 12, 2010 11:14 PM
secretary
Regulation of Retail Forex - 10:1 Leverage Limitation
Leave it alone. It is our own money we are risking after thorough evaluations. Whether it is 400:1 or
10:1, it is still ours to risk & win or risk & lose.
All you are doing is driving the Forex business overseas when you start these restrictive nutty
regulations.
This is the only market where we can risk what we want, when we want to.
We are too regulated now.
If you want to do something positive, go after the scammers who are peddling all of the EAs. I get
hundreds of emails peddling the latest EAs. and most of them are pure crap, only designed to scam their
victims.
Take care of the scammers first.
Sincerely,
Fred Seiboldt
