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Comment for Proposed Rule 75 FR 3281

  • From: Mike Podwojski
    Organization(s):

    Comment No: 1906
    Date: 1/21/2010

    Comment Text:

    i0-001
    COMMENT
    CL-01906
    From:
    Sent:
    To:
    Subject:
    [email protected]
    Thursday, January 21, 2010 2:52 PM
    secretary
    Public Comment Form
    Below is the result of your feedback form. It was submitted by
    ([email protected]) on Thursday, January 21, 2010 at 14:52:24
    commenter_subject: Proposed Regulations Regarding Retail FOREX
    Transactio
    commenter frdate: 2008
    commenter_frpage: Pub. L. No. 110-246,
    commenter_comments: The impact of these new requirements for a FOREX
    trader would be significant. With the new proposed
    rule of 10 to 1 leverage, the same trading account
    would significantly impact the results of the
    trade.
    I recognizes the importance of regulation that
    strengthens industry oversight. I agree with
    policing and regulating the industry, as was
    Congress' intent when empowering the CFTC to create
    additional rules. However, I don't agree with
    policies that might clearly disadvantage firms in
    the United States which in turn disadvantages me.
    commenter_name: mike podwoj ski
    commenter withhold address on: ON
    commenter address 1 : 10213 n demaret
    commenter_city: fountain hills
    commenter state: az
    commenter_zip: 85268
    commenter~hone: 480-816-1494