Comment for Proposed Rule 75 FR 3281
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From:
Michael Blair
Organization(s):
Comment No:
8713
Date:
3/20/2010
Comment Text:
i0-001
COMMENT
CL-08713
From:
Sent:
To:
Subject:
[email protected]
Saturday, March 20, 2010 7:49 PM
secretary
Regulation of Retail Forex
RIN 3038-AC61
Dear Mr. Secretary:
I firmly oppose the 10:1 leverage limitations. An individual investor's ability to choose their own level of risk -- and
accept the rewards and consequences thereof-- is such a basic element of freedom that it is disappointing to
hear adults call it into question.
Moreover, in understatement bordering on comedy, no one aware of financial news over the past few years would
tout government interference as advantageous.
In the name of fairness, please reject the 10:1 leverage limitations. And in the name of wisdom, please never
raise the issue again.
Thank you for your attention.
Michael Blair
