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Comment for Proposed Rule 75 FR 3281

  • From: Chris Wahler
    Organization(s):

    Comment No: 3314
    Date: 1/23/2010

    Comment Text:

    i0-001
    COMMENT
    CL-03314
    From:
    Sent:
    To:
    Subject:
    Attach:
    [email protected]
    Saturday, January 23, 2010 2:59 PM
    secretary
    Public Submission for 2010-00456
    Public Submission for 2010-00456.zip
    Please refer to the attached file.Please Do Not Reply This Email.
    Public Comments on Regulation of Off-Exchange Retail Foreign Exchange Transactions and
    Intermediaries:
    Title: Regulation of Off-Exchange Retail Foreign Exchange Transactions and Intermediaries
    FR Document Number: 2010-00456
    Legacy Document ID:
    RIN: null
    Publish Date: Wed Jan 20 00:00:00 EST 2010
    Submitter Info:
    first name Chris
    last name Wahler
    address1 85 Jamros Terrace
    city Saddle Brook
    country United States
    us state NJ
    zip 07663
    company
    I am against your proposed new regulation of the Forex markets. I use this market with its
    leverage to help suppliment my income and to try to ensure a good future for my wife and I
    and our 3 daughters. Do you have any idea what college and 3 possible marriages will cost
    me??? If you alter its current structure you will be hurting many thousands of families like
    mine. If other traders can't manage their accounts or don't understand the risk involved they
    should stay out of this arena. I've lost money in this arena but did so with a level head and I
    need for this market to remain untouched by more government regulations and garbage.
    Please consider what Ive said (and countless others) I'm assuming. Leave the Forex
    markets alone! Thank you for hearing me out