Comment Text:
i0-001
COMMENT
CL-03472
From:
Sent:
To:
Subject:
matt bauman
Sunday, January 24, 2010 8:44 AM
secretary
Regulation of Retail Forex - Please reconsider the maximum leverage change, this
will kill the individual trader.
David Stawick
Secretary, Commodity Futures Trading Commission
1155 21st Street, N.W.
Washington, DC 20581
Dear David
I havejust read over the regulations the CFTC hasproposedfor retailforex
traders. Please reconsider this agenda. I am an individual trader who has
been forced to make a #ving through trading due to the downturn in the
economy and loss of my job. I have been doing well trading, but the change
in the maximum leverage wouM be detrimental to my trading. I wouM not be
able to continue trading under my current strategies and wouM be unable to
support my family of five. Please do not allow these regulations to pass
(especially the maximum leverage regulation), this will kill the retail forex
trader as a whole.
Laws shouM not be created to protect people from themselves.
Thank you for you time,
Matthew Bauman
