Comment Text:
i0-001
COMMENT
CL-03656
From:
Sent:
To:
Subject:
[email protected]
Sunday, January 24, 2010 11:51 PM
secretary
Proposed Regulation Concerning Retail Forex Trading.
The investor's capital principle of: freedom of risk choice, is threatened by the CTFC proposed regulation. The
current regulation is working, DO NOT CHANGE IT! ... In the new CTFC regulation I will have to put up front ten
times as much capital in order to make the one lot minimum trade. In the present regulation I need $1000.00 cash
in my account in order to trade one lot. In the proposed regulation I will need $10,000.00 cash in my account in
order to make the same one lot minimum trade! Big traders will be fine in the proposed regulation!; but the small
trader, like myself, will be sacked out of the market! Sack small traders out of the financial markets! Is it that what
big traders in collusion with government regulatory agencies want? That will be not good for the principle of
competition in the economy; no good for financial small retail traders; no good for the economy of the country; and
not good for the principle of good government of this country country! Please do good for America! Reject the
proposed regulation concerning retail Forex trading! Thanks for your help!
