Font Size: AAA // Print // Bookmark

Comment for Proposed Rule 75 FR 3281

  • From: Michael Slada
    Organization(s):

    Comment No: 1720
    Date: 1/21/2010

    Comment Text:

    i0-001
    COMMENT
    CL-01720
    From:
    Sent:
    To:
    Subject:
    michael slada
    Thursday, January 21, 2010 10:58 AM
    secretary
    'Regulation of Retail Forex' = identification number RIN 3038-AC61
    David Stawick, Secretary
    I stand behind the belief that I/we should be given the freedom with our []bill of rights[] and
    right to choose the amount of leverage that is appropriate for my individual desired risk, and
    that this basic principle of 'choice' is in jeopardy by the proposed CFTC regulations.
    Further your will make a decision for most traders to move over seas for their trading skills.
    Your decision has nothing to do with what has happened to our economy. This was due to the
    selling of CDO[]s and Mortgage Backed Securities rated by Standers and Poors [] Moodys as
    AAA investment vehicles. This is clearly unethical, illegal and they are the one that should be
    prosecuted in the Court of law!
    Please include 'Regulation of Retail Forex' in the subject line of your message and the
    identification number RIN 3038-AC61 in the body of the message.
    Respectfully yours,
    Mr. Michael Slada, P.A.
    Cell: (239) 633-0022