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Comment for Proposed Rule 75 FR 3281

  • From: Chris Lopez
    Organization(s):

    Comment No: 7161
    Date: 3/13/2010

    Comment Text:

    i0-001
    COMMENT
    CL-07161
    From:
    Sent:
    To:
    Cc:
    Subject:
    Chris
    Saturday, March 13, 2010 4:12 AM
    secretary
    [email protected]
    Regulation of Retail Forex
    R~:
    RIN 3038-AC61
    Hello,
    I'm opposed to the idea of reducing leverage on the forex market. As far as I can tell,
    the level of leverage has not contributed in anyway to many of the issues America
    is facing now. So it would be a shame to punish those who are trying to make
    some extra money.
    Secondly, if it's to control the amount of money that people (or new traders) would
    lose, I don't think it would make a difference. It still comes down to the person's
    trading techniques and this will just make them lose money in a different way.
    Thanks for reading this email.
    Res pectfu I ly,
    Chris Lopez