Comment Text:
i0-001
COMMENT
CL-08167
From:
Sent:
To:
Subject:
richard vega
Wednesday, March 17, 2010 11:10
AM
secretary
[email protected]
Regulation of Retail Forex
To whom may concern:
I am an active trader of forex market via FXDD broker and I AM STRONLGLY OPPOSED TO ANY
LIMITATION,REGULATION, OR RULE WHATSOEVER OF LEVERAGE. Brokers may increase minimum money
requirements and margins and will have as a side effect a lot of other negative effects. Government should limit any kind of
regulation about forex only to forex malpractice and litigation arise between the trader and the broker, and should oversee
that no cheating is done from the broker to the trader and that's it. Everything else beyond that is nonsense, this is just other
way of limiting the people the right to spend their money in what they feel like. So please CFTC stop any limitation or rule
on leverage and just settle for forex malpractice among brokers. Thank you.
R1N 3038-AC6l
