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Comment for Proposed Rule 75 FR 3281

  • From: Michael Kaselnak
    Organization(s):

    Comment No: 7613
    Date: 3/15/2010

    Comment Text:

    io-ooi
    COMMENT
    CL-07613
    From:
    Sent:
    To:
    Cc:
    Subject:
    Mike Kaselnak
    Monday, March 15, 2010 9:44 AM
    secretary
    [email protected]
    'Regulation of Retail Forex
    Re:
    RIN
    3038-AC61
    To whom it may concern: You should not make any changes to leverage in the Forex markets. Safer
    markets and investing is not accomplished by adding additional regulations. It is achieved by enforcing
    those regulations that already exist. People that would get hurt with current leverage, will still get hurt
    with 10:1 leverage. They will just invest more to "get rich quick." You cannot protect those that do not
    wish to protect themselves.
    Michael Kaselnak