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Comment for Proposed Rule 75 FR 3281

  • From: Thomas D Brown
    Organization(s):

    Comment No: 1893
    Date: 1/21/2010

    Comment Text:

    i0-001
    COMMENT
    CL-01893
    From:
    Sent:
    To:
    Subject:
    Tom Brown
    Thursday, January 21, 2010 2:37 PM
    secretary
    Regulation of Retail Forex
    Mr. Stawick,
    My broker has informed me that the CFTC has proposed limiting leverage on retail Forex accounts to a
    10:1 ratio. I am TOTALLY against it.
    I'm told to use this identification number - RIN 3038-AC61, for what it's worth.
    I'm trying to stay off my soap box, but it is difficult. This country is moving closer and closer to
    socialism every day, and soon the word capitalism will be a thing of the past. This could be a maj or step
    in eliminating the Forex market.
    Enough said.
    Thank You,
    Thomas D. Brown