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Comment for Proposed Rule 75 FR 3281

  • From: Joe Cote
    Organization(s):

    Comment No: 3188
    Date: 1/23/2010

    Comment Text:

    i0-001
    COMMENT
    CL-03188
    From:
    Sent:
    To:
    Subject:
    jcote214@aol, com
    Saturday, January 23, 2010 9:05 AM
    www. secreta ry@cftc, gov
    Regeulations of Retail ForeX
    To The Secretary,
    Why do we small investors get screwed again? Since losing my job because my company thought it better to
    do business overseas, I have been investing in the Forex Market this is my sole income, I pay taxes on the
    profits and follow the rules just like any small business owner.
    I invest small amounts with higher leverage doing this at my own risk and I don't think I need someone looking
    out for me.
    Please let me continue to make a living without telling how to do it.
    If you must regulate the leverage, please don't make it smaller then 100:1 and please let the minimum account
    size be as small as a $1000.00
    Or better yet just butt out of our business, we are just sick of it.
    Joe Cote
    a very small investor that does not need any more government controll