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Comment for Proposed Rule 75 FR 3281

  • From: Steve Hettrick
    Organization(s):

    Comment No: 7537
    Date: 3/14/2010

    Comment Text:

    i0-001
    COMMENT
    CL-07537
    From:
    Sent:
    To:
    Subject:
    [email protected]
    Sunday, March 14, 2010 10:03 PM
    secretary
    Prosed Forex leverage rule
    Dear whom it may concerned,
    I enjoy the Forex market as a small investor and the new CFT rule changing the highest leverage to 10:1
    would end my Forex involvement. There will always be people who make bad decisions. I live in Nevada and I
    see people make bad decisions gambling every day, but nobody changes the limit of what can be wagered.
    There are people spending their children's food money on lottery tickets but you do not see state lotteries shut
    down. So why doesn't the CFT let the "little guy" enjoy the Forex market and continue to warn investors about
    the dangers. It seems that everybody needs to be protected from themselves at the expense of others.
    Please let the informed and intelligent have there 100:1 so that we can enjoy making little profits and just
    continue to warn the uninformed that the should not be in the Forex market unless they are capable of making
    sound decisions when it comes to there own money.
    Thank you
    Steve Hettrick