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Comment for Proposed Rule 75 FR 3281

  • From: Jason A Reynolds
    Organization(s):

    Comment No: 1301
    Date: 1/20/2010

    Comment Text:

    i0-001
    COMMENT
    CL-01301
    From:
    Sent:
    To:
    Subject:
    Jason Reynolds
    Wednesday, January 20, 2010 10:24 PM
    secretary
    RE:CFTC's Proposal of Leverage Changes
    Sir,
    I fail to see how the proposed leverage changes would benefit the consumer in any way.
    All this will do is completely shut the small investor out of the market. I am making several
    hundred dollars a week off of a mini account. If these rules are passed I will be unable to
    make a living from Forex. The government has no right to take my livelihood away from me.
    I will move my money out of the United States, and if you decide to restrict my ability to do that
    I will move to another country. A FREE country.
    It is not the government's place to push people out from the Forex to "protect" them. They need to
    take personal responsibility in thier own lives. Currency markets are not "just for the big boys"
    Unless of course, you WANT to push us out so we cannot profit when the dollar completely collapses.
    I am contacting Glenn Beck regarding this.
    Regards,
    Jason A. Reynolds