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Comment for Proposed Rule 75 FR 3281

  • From: Richard Bales
    Organization(s):

    Comment No: 1740
    Date: 1/21/2010

    Comment Text:

    i0-001
    COMMENT
    CL-01740
    From:
    Sent:
    To:
    Subject:
    RICHARD BALES
    Thursday, January 21, 2010 11:17 AM
    secretary
    RE: 'Regulation of Retail Forex'
    No virus was detected in the a~achment no filename
    No virus was detected in the a~achment no filename
    Thank you for your consideration.
    From:
    secretary [mailto:[email protected]]
    Sent:
    Thursday, January 21, 2010 10:11 AM
    To:
    RICHARD BALES
    Subject: RE: 'Regulation of Retail Forex'
    No virus was detected in the attachment no filename
    No virus was detected in the attachment no filename
    Your submission has been received by the Commodity Futures Trading Commission. Please be advised that this acknowledgement
    does not constitute either Commission approval of the subject proposal or a determination that the proposal is consistent with the
    Act and the regulations thereunder.
    From:
    RICHARD BALES [mailto:[email protected]]
    Sent:
    Thursday, January 21, 2010 11:06 AM
    To:
    secretary
    Subject:
    'Regulation of Retail
    Forex'
    No virus was detected in the attachment no filename
    No virus was detected in the attachment no filename
    I am
    opposed to the change of leverage to a maximum of 10:1.
    RIN 3038-AC61
    I stand behind the belief that you should be given the freedom and right to choose the amount of leverage that is
    appropriate for your individual desired risk, and that this basic principle of 'choice' is in jeopardy by the proposed CFTC
    regulations.
    Rich Bales
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