Comment Text:
i0-001
COMMENT
CL-07754
From:
Sent:
To:
Cc:
Subject:
carl kwong
Tuesday, March 16, 2010 12:46 AM
secretary
[email protected]
Regulation of Retail Forex
RIN 3038-AC61
From: carl kwong in san francisco, california
Dear Mr. Stawick,
I feel that the changes are not necessary because it will take the
"excitement " out of trading. Trading with high leverage is not that
risky if one is properly educated and experienced .The losses are mostly from beginners without the proper education
or training.
Everyone knows there is high risk but high gains. The companies are have disclaimers. Common sense also tells us
to risk only the amount we can risk.
We donot need more government intervention.
It will be at the same level of trading stocks. If this rule is changed, many of us would not be trading forex anymore.
Sincerely,
Carl
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