Comment Text:
i0-001
COMMENT
CL-02103
From:
Sent:
To:
Subject:
Kelly Norman
Thursday, January 21, 2010 7:05 PM
secretary < secretary@ C FTC. g ov >
Regulation of Retail Forex - NO to a decrease of
leverage!!!!!!!!!!!!!!!!!!!!!!
To Whom It May Concern:
I'm a retail forex trader. I'm alsoa small business owner who does contract work and my income
has been cut back substantially with the downturn in the economy. Retail forex trading allows me
to make ends meet. Itrade responsibly and utilize proper money management. If the proposed
change is passed, I will no longer be able to make income I desperately need to survive. The
leverage will be too low. I'm against the proposed changes 100%. The change will cripple my
ability to make money (or lose it), but I utilize the system responsibly and have a right to make
investment decisions such as the amount of leverage Iacceptas a risk. With the current margin
requirements and appropriate stops in place, I always know my risk and accept it as part of my
decision. This country has become regulation happy and needs to focus on more pending issues
such as being accountable for TARP money given out, the amount of debt this Great Nation is
accumulating, ending the War in Iraq bringing our soldiers home to help the desperate United
States Citizens. Leave retail forextraders alone. We are a small few who need this income source
to survive. With the small account I'm able to afford, you will take this last opportunity away from
me to make my dreams come true. Iwill no longer be able to make the moneyI need and Iwill
become one of the numbers unable to pay my debts off.
Thank you for your time.
Sincerely,
Kelly Norman
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