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Comment for Proposed Rule 75 FR 3281

  • From: Bryan Waite
    Organization(s):
    American Citizen and Master Trader

    Comment No: 4048
    Date: 1/26/2010

    Comment Text:

    i0-001
    COMMENT
    CL-04048
    From:
    Sent:
    To:
    Subject:
    Bryan Waite
    Tuesday, January 26, 2010 10:38 AM
    secretary ; [email protected]
    Changing The Margin On Forex?!
    Hello, my name is Bryan Waite.
    As I'm sure you are aware, I {WE as Americans} are no longer interested in watching elected officials
    and government employees do as they will. I {WE} know that you know that we are watching
    you because we sent this message by overwhelmingly electing Scott Brown {Republican} as our
    representative to the U.S. Senate in Massachusetts! A state predominantly filled with Democratic,
    Liberal minded Americans!
    You are OUR employees, we PAY YOUR SALARY and if WE aren't making money, NEITHER ARE
    YOU!
    The truly shameful part I {WE} have to play as Americans is that I {WE} have not held you, our
    employees to account and allowed you to do whatever you've pleased. That time has come to an end
    and WE are awake.
    Do NOT change the margin on Forex from 100:1 to 10:1 - "This proposal discourages beginners from
    developing and strengthening their trading style. It effectively prevents investors from evaluating their
    own appetite for risk and making personal investing decisions." {Alpari, 1/25/10}
    It is senseless and it's NOT going to make a difference for ANYONE, least of all YOU the employees of
    the Citizens Of The United States Of America!
    American Citizen and Master Trader,
    Bryan Waite
    E-mail:
    [email protected]
    Phone: 401-297-9886