Comment Text:
i0-001
COMMENT
CL-03930
From:
Sent:
To:
Subject:
[email protected]
Monday, January 25, 2010 9:55 PM
secretary
Public Comment Form
Below is the result of your feedback form. It was submitted by
([email protected]) on Monday, January 25, 2010 at 21:54:49
commenter_subj ect: Regulation of Retail Forex
commenter_comments: I want to voice my STRONG OBJECTION to the Proposal
by the CFTC to limit Retail Forex Investors
leverage to 10:1. This will do nothing but hurt the
individual investors AND Brokers and it will force
us to move our Trading currencies and businesses
Oft-Shore because WE HAVE THE RIGHT TO INVEST OUR
MONEY AS WE SEE FIT! The Small Investors should
have the same opportunity as the Big Investors to
make a profit. If you want to help the small
investors, regulate Brokers from being able to
change their spreads in order to Hunt Stop Losses!
This alone accounts for the majority of people
loosing money in Forex! Please HELP the small
investors, the Mom [] s & Pop [] s to achieve the
American Dream of Prosperity and Independence.
Again, I Strongly Urge you to Remove the section of
the Proposal that limits leverage to 10:1. As far
as I am concerned (and everyone else, judging by
the other letters to you that I have read) this
would undermine our Constitutional Right to [] THE
PURSUIT OF HAPPINESS []
commenter_name: Raymond J. Love
commenter withhold address on: ON
commenter addressl 40137 161st St E
commenter_city: Palmdale
commenter state: Ca
commenter_zip: 93591
commenter fax: 661-264-2999
commenter~ohone: 661-264-2999
