Font Size: AAA // Print // Bookmark

Comment for Proposed Rule 75 FR 3281

  • From: Theprier
    Organization(s):

    Comment No: 8349
    Date: 3/17/2010

    Comment Text:

    i0-001
    COMMENT
    CL-08349
    From:
    Sent:
    To:
    Subject:
    [email protected]
    Wednesday, March 17, 2010 9:52 PM
    secretary
    Regulation of Retail Forex
    identification number RIN 3038-AC61
    this proposed rule change on changing the leverage needed is wrong, and should be left out of the new rules.
    Those of us small account holders that are trying to build up our accounts and are successfully doing it should not
    be punished because there are a few out there who do not know how to manage risk. The U.S.A is a free country
    the last time I checked and we traders should be allowed to decide on our level of risk, not the CFTC
    Daniel Prier
    FX Trader that is managing my risk properly and making a better than 40% increase in my
    account this year on the 100,000 to 1 leverage