Comment Text:
i0-001
COMMENT
CL-02700
From:
Sent:
To:
Subject:
Jose Martin
Friday, January 22, 2010 12:49 PM
secretary
Proposed change in the leverage of of retail forex
To the individuals who make policy changes at the CFTC:
I am writing this e-mail to express to you my position on the proposed change of the "leverage in the
retail forex". I believe that the change that you are proposing of 10 to 1 is a bad idea. First, I do not
believe that you should be trying to fix something that is not broken. The people that you are trying to
serve, and that invest or trade in the Forex Market, are quite happy with the 100 to 1 ratio. I thank you
for your efforts in trying to keep the financial world a safe place; however, by taking this action you
are not helping the people in this country. The Forex is the only means of livelyhood for many of us,
and by changing the leverage you are going to bring us to poverty. I take pride in the work I do, and I
pray to the Good Lord that you may not make any changes. I would hate to live on food stamps and
other goverment help. Second, have you thought what that would do to our civil liberties? Now the
government is telling what I can do, and what I cannot do with my own hard earned money. For the
sake of our Founding Fathers, and the future of our democracy, PLEASE DO NOT HELP US, just
catch the crooks, and LEAVE THE FREE MARKET ALONE. Our capitalist and democratic
goverment works just fine, if you don't believe it just compare it to any socialist country such as Cuba.
You would thank God for living here.
Sincerely yours,
Jose Enrique Martin Oca
