Comment Text:
i0-001
COMMENT
CL-07687
From:
Sent:
To:
Cc:
Subject:
Alexa Wilde
Monday, March 15, 2010 5:32 PM
secretary
[email protected]
Regulation of Retail Forex
RIN 3038-AC61
From: Alexa Wilde in Greenville, SC
The proposed changes will drive business out of the US. With the unemployment situation as bad as it is this makes no
sense.
Many of us have worked for years to become competent traders. We have made an investment in order to be productive and
independent. Change the leverage allowed to 10:1 will make it impossible for small traders to generate any sort of income,
and it will take years to build up their trading equity.
Leverage isn't the problem when one practices proper money management.
I am strongly opposed to these proposals, and I will move my account out of the country if necessary.
I refuse to let you or anyone interfere with my ability to trade as I wish and destroy what I have worked to achieve over the
last few years.
Regulate the guys who need regulation - You can start with Goldman Sachs, for example. It isn't the little guys who are
screwing things up. We just get stuck with the bill for the mistakes Congress and the bankers make.
Leave us alone.
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