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Comment for Proposed Rule 75 FR 3281

  • From: Riskybear
    Organization(s):

    Comment No: 8714
    Date: 3/20/2010

    Comment Text:

    i0-001
    COMMENT
    CL-08714
    From:
    Sent:
    To:
    Cc:
    Subject:
    riskybear
    Saturday, March 20, 2010 7:52 PM
    secretary
    Joe Burns
    With regards to Regulation of Retail Forex R1N 3038-AC61
    I believe that the idea of 10:1 leverage would not be a good thing. Like grandpa said, "If it ain't broke, don't fix
    it!".
    Guys, let me decide the level of risk that is appropriate for myself. Keep an eye on things to keep everybody
    honest, but back out of this 10:1 thing. Let's keep things as is.
    So, please vote NO for RIN 3038-AC61, and yes for keeping the basic principle of choice that is in jeopardy by
    the proposed CFTC regulations.