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Comment for Proposed Rule 75 FR 3281

  • From: William Lader
    Organization(s):

    Comment No: 1071
    Date: 1/20/2010

    Comment Text:

    i0-001
    COMMENT
    CL-01071
    From:
    Sent:
    To:
    Subject:
    bill Lader
    Wednesday, January 20, 2010 5:35 PM
    secretary
    Regulation of Retail Forex
    To Who It May Concern:
    I understand that the CFTC is considering new regulations (Ref. 5772-10) for the retail forex market,
    particularly a change in leverage to 10 to 1. I
    strongly object to this new regulation and want this
    regulation removed from your consideration. It is unnecessary, intrusive, and damaging to my trading
    efforts. This is just another effort by my government trying to run my life, which I do not need! I see
    what is happening now in our economy and fear what could happen if this regulation is put in place. The
    American people do not need you to run our lives and we do not need you running the retail forex
    market.
    Sincerely,
    William Lader
    7578424357