Comment Text:
i0-001
COMMENT
CL-07497
From:
Sent:
To:
Subject:
Trevor
Sunday, March 14, 2010 3:50 PM
secretary
Re: Regulation
'Regulation of Retail Forex' R1N 3038-AC61.
I am a Forex Trader. I know and understand my risk. I am TOTALLY against the fact the CFTC
proposal will try to regulate the amount of risk I can take.
America is born from risk takers. Any one getting on the old ships, blown by the wind and sea was a
risk taker. They risked their lives compared to what we risk in Forex.
The risk is what any great invention, idea, concept that is contrary to the popular norm upon which
our great society is fabricated. WE
are just robots without the option of taking risk.
The greatest
pioneers in oil, industry, sience, math, music, business, Ford Motors, naval inventions, man in space,
all was based on risk. How many of them risked all that they had for their ideas.
The risk in Forex is mine to take or not take, I am well advised(informed) it is not a decision for the
CFTC to regulate and make for me. I will prefer to leave the country when I feel that my freedoms to
control my own risk is regulated.
Are we now individuals who cannot think and control our own actions. Do we need a daddy
regulating body to tell us how much risk we can afford ....
If I lose every thing that is my risk. I have to
live with it.
I a solidely against this proposal.
Trevor Husbands
Forex Trader
