Comment Text:
i0-001
COMMENT
CL-02435
From:
Sent:
To:
Subject:
Geoff Betts
Friday, January 22, 2010 3:10 AM
secretary
Regulation of Retail Forex
Dear Sirs,
I object most strongly to the CFTC's proposed arbitrary imposition of severely restricted leverage on forex trading!
Why don't you concentrate on the REAL problem and stop the bankers and trading houses from gambling our
future away and then paying themselves obscene bonuses with US taxpayer dollars after they lose
A normal trader would have been wiped out but at no cost to anyone but himself. The banks have been shown
they are "too big to fail" and now rightly think they have a right to be given a life-line for screwing up.
Where were your regulators then?
I have been trading for years and I never threatened any global financial system so why pick on me?
Leave the small traders alone, you big bullies!
Mr. G.A. Betts
(part-time fx trader)
