Comment Text:
i0-001
COMMENT
CL-08739
From:
Sent:
To:
Subject:
Ike Wiley
Sunday, March 21, 2010 7:27 AM
secretary
Regulation of Retail FOREX
RE: RIN 3038-AC61.
Rules, regulations and laws to protect against scams, etc are one thing, but why must lawmakers and agencies
think they must protect an individual from himself? That is the way I look at this, as traders, we are adults and
have the right to choose the leverage right for our particular situation. We don't need someone limiting the amount
we are willing to risk, if you really want to help the retail trader, stop the brokers from "Stop Hunting" and takeing
out our trades. Do not reduce leverage, all that will do is force us to find a broker offshore and eventually put the
US retail brokers out of business. If that is your true objective, then nothing we say will make a difference.
Isaac Wiley
