Comment Text:
i0-001
COMMENT
CL-00851
From:
Sent:
To:
Subject:
Brenton Ferguson
Tuesday, January 19, 2010 9:34 PM
secretary
Regulation of Retail Forex
RIN 3038-AC61
Hello,
I am an avid Forex trader and do a fine job supplementing my income. In this economy it's the perfect
solution. I use a very technical and strategic method to my trading that makes me profit consistently
every month with very minimal risk. I can assure you, though, that with the radical regulations
potentially coming into effect I will retire my Forex trading account due to cutting my profit down by 10
TIMES!! Quite honestly, countless others will follow. This will inevitably cripple the Forex brokers
and stifle the economy even more.
I am completely competent and responsible to manage my own money without the use of Forex police.
100:1 leverage is more than safe and I'm sure the majority of other investors feel the same way. If the
very few out there can't control themselves and treat the Forex Market like a slot machine then they need
personal help. Don't penalize everyone for the bad habits of some.
Thanks for your acknowledgment,
Forex Trader.
