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Comment for Proposed Rule 75 FR 3281

  • From: David Mims
    Organization(s):

    Comment No: 4162
    Date: 1/26/2010

    Comment Text:

    i0-001
    COMMENT
    CL-04162
    From:
    Sent:
    To:
    Subject:
    David Mims
    Tuesday, January 26, 2010 9:12 PM
    secretary < secretary@ C FTC. g ov >
    Regulation of Retail Forex
    RE: RIN 3038-AC61
    Dear Mr. Stawick
    Although I am a Democrat and certainly in favor of increased intelligent regulation of both the
    banks and other large financial institutions, the proposed changes in leverage for forex trading
    affect those of us that are individuals trading on our own account. I feel very strongly that this
    kind of constraint on individual traders is an unnecessary infringement upon our individual rights
    and will do nothing to significantly reform the activities of the mammoth institutions you need to be
    focused on regulating. Iwill be following this issue closely and in touch with my legal
    representatitvesabout it. Please do not move forward with implementation of this policy as
    currently drafted.
    Kind Regards,
    David Mires