Comment Text:
i0-001
COMMENT
CL-03700
From:
Sent:
To:
Subject:
brian
Monday, January 25, 2010 5:38 AM
secretary
Regulation of Retail Forex RIN 3038-AC61
RIN 3038-AC61
Dear Mr. David Stawick,
Secretary, Commodity Futures Trading Commission,
I would like to tell you my concerns of the new rule proposed for retail traders. I
believe it should be the choice of the traders to choose the leverage offered.
Since this is the United States of America and it is to be decided by the people
and supported by the people, I think the leverage should be at 100:1. I
understand there is a lot of fraud in the forex market and needs to be monitored
but also should be asked to the people and what they feel is correct for the rules
and decisions also. There has been many changes with out any say of the
people of this great country, only told of the changes, this is not how this country
became great and not how it runs as a country, so please take this under
advisement and understand the decisions of the traders and workers of this
country, thank you for your time and understanding,
Brian Starkey
Forex trader
American citizen