Comment Text:
i0-001
COMMENT
CL-08832
From:
Sent:
To:
Subject:
BERT LEVI-I-I-
Monday, March 22, 2010 7:04 AM
secretary
new rules
Dear Secretary,
I trade currency for a living and certainly don't need to be protected by a government regulator relative to leverage
I employ. Your proposal will put me out of business. I think unemployment is high enough with out your adding to
it. As a watchdog organization your efforts would be better spent protecting retail accounts from broker fraud. Why
not force brokers to put customer funds in segregated accounts like the regulated exchanges do? Then the risk
would be based on the trader's skill more and on the brokers integrity less.
I know the political environment is to regulate because the cow (current financial crisis) is out of the barn. Currency
valuations had nothing to do with this or any other bubble I know of. In short; don't screw with my livelihood in any
way other than making the playing field level.
Bert Levitt
630 Ridgewood Ave.NW
Gainesville,GA 30501-3138
770-532-7775