Comment Text:
i0-001
CONMENT
CL-07246
From:
Sent:
To:
Subject:
William G Wilber
Saturday, March 13, 2010 9:34 AM
secretary
[email protected]
Regulation of Retail Forex
RIN 3038-AC61
I'm writing this email to voice my opposition to the proposed regulation of leverage in retail Forex
customer accounts limiting leverage to 10:1. I appreciate the impact that leverage can have on some
investors; but, not all investors are created equal. Some can handle greater risks while other's can't. I
don't believe its the federal government's role to decide for its citizens what level of risk they can
tolerate. Rather, I think its the federal government's responsibility to ensure that the risks are clearly
communicated and understood. Doing more than this is a breach of government authority and will
simply drive investors to offshore accounts.
Sincerely,
William Wilber
