Comment Text:
i0-001
COMMENT
CL-00721
From:
Sent:
To:
Subject:
DEMARIS WING
Tuesday, January 19, 2010 4:52 PM
secretary
Regulation of Retail Forex
I have been in the Wizetrade group for Forex since December of 2004. I was able to do this because it was
reasonable enough and I was encouraged to start with an account of $1000.00.
If regulation of retail forex is enforced I would probably have to have an account of $10,000.00 in order to cover
my leverage account at the rate I am trading now. This would be so tough on those of us who are diligently
learning to trade the Forex market. For some of us it would be impossible. It would mean going into our IRA
accounts for the extra cash needed.
I am not a gambler and I try to trade the Forex with as much responsibility as I can muster. I will soon be 78
years old and learning the Forex market has been one of the most exciting things I have ever done.
Please do not force us to have to have so much more regulation on the Forex. The Wizetrade Group has been so
great at teaching and helping us learn this trade. At this time in the economic fix that the United States is in, this
gives us a chance to have a second chance at another career, at a decent price.
Please consider this decision carefully. We will be the ones who will suffer from this kind of decision..The ones
you are trying to protect??????
Thanks
Demaris Wing
176 Peace Mountain Road
Mountain View, AR 72560-8751
870-269-9250
(If you need further proof of identity, please let me know)
