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Comment for Proposed Rule 75 FR 3281

  • From: Cecil Smith
    Organization(s):

    Comment No: 244
    Date: 1/17/2010

    Comment Text:

    i0-001
    COMMENT
    CL-00244
    From:
    Sent:
    To:
    Subject:
    [email protected]
    Sunday, January 17, 2010 11:00 AM
    secretary

    Public Comment Form
    Below is the result of your feedback form. It was submitted by
    ([email protected]) on Sunday, January 17, 2010 at 10:59:32
    commenter_subject: Retail Forex Leaverage
    commenter frdate: 1/17/10
    commenter_comments: Has everyone at the CFTC totally lost their minds.
    Is their any common sence left among you. The
    proposed 10/1 leaverage on retail forex taders is
    idiotic. You will stop US Citizens like myself from
    participateing in the markets. You will loss tax
    money generated from us. I am a full time forex
    trader and with this proposed regulation will be
    forced to quit trading. I have talked to hundred of
    traders and some of us will be forced out of the
    business.The others who can afford to will be
    leaving the USA so they can contuine in their
    trading business. Thanks to the CFTC theiir is
    gonna be one less opportunity to obtain the AmericN
    Dream.
    commenter name: Cecil Smith
    commenter firm: None
    commenter_address 1 : 17780 Highway 42
    commenter_city: Shelby
    commenter state: Alabama
    commenter_zip: 35143
    commenter~hone: 205-669-7100