Comment Text:
i0-001
COMMENT
CL-03841
From:
Sent:
To:
Subject:
Jeff Solomon
Monday, January 25, 2010 4:48 PM
secretary
Forex Leverage Proposals
#1) The NFA is regulating the forex dealers in US to make sure they have proper balance sheets.
#2) The forex dealers I have all dealt with have computer programs that prevent accounts from going
negative.
#3) If you enact the 10:1 ratio and allow banks to do 100:1 that is a continuation of the incredible
corruption and wealth descrepancy in the US. You will make the US regulating body (CFTC) look
corrupt and bought off. I am absolutely appalled at this. In the past I had respect for the CFTC when
Brooksley Born was working there. Now I really wonder about you guys? Bernanke and the whole
class of clowns do not get it! This is not the 1920's. Get a clue! Your actions as well as the actions of
the Federal Reserve are going to prolong this recession. Instead of going to 2018 1 am now extending
my date out to 2022. Unbelievable!