Comment Text:
i0-001
COMMENT
CL-03624
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[email protected]
Sunday, January 24, 2010 8:58 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 Donna
last name Ladd
address1 2152 Waynoka Rd
city Euclid
country United States
us state OH
zip 44117
company FX Solutions
I would like to say that when a regulatory company like the CFTC does the work it does to
keep the market free of fraud and deceit for the forex market, it is very uplifting and rewarding
to know they are there protecting the investments of common people. However, when it is
done with conditions knowing that somewhere down the line the common, middle class and
lower income people will have to be subjected to conditions that are so far fetched they would
not be able to afford the to make any substancial gain in this market. Especially if the
leverage is reduced to the proposed level. I think it is just another way of controling people
and keeping people at the level they are now, and never given the opportunity to even try to
make it in this market, or any market, or in life unless it is done the way you want it. All it does
is keep the system going as it all ways has. The rich get richer, middle class gets extinct, and
the poor get poorer. I am totally against the reccomendation, and I hope you listen to the
people and let them choose what the want.
Thank You,
Donna Ladd
