Comment Text:
i0-001
COIMMENT
CL-08616
From:
Sent:
To:
Subject:
fred krage
Friday, March 19, 2010 3:19 PM
secretary
Regulation of Retail Forex
I understand you are soliciting comment on whether retail forex
ratios should be limited to 10: 1.
Forex institutions do a very good job currently of educating the
public to risks. A very good job. Along with position management and
other tools to protect their investment. I have both gained and lost
in forex. I am aware of the dangers. It is NOT because of being
unaware. I invested what I did and I agreed to take the risk. It
was my decision alone. That should NOT be taken away from me or
anyone else. That is a fundamental exercise of my human rights and
freedoms. I do not want nor need the government to regulate my
risk. While I prefer a more reasonable ration of 25:1, a limit of
10:1 is just plain non-sensible. Please do NOT do it. fred krage
