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Comment for Proposed Rule 75 FR 3281

  • From: Daniel F Canas
    Organization(s):

    Comment No: 4436
    Date: 1/29/2010

    Comment Text:

    i0-001
    COMMENT
    CL-04436
    From:
    Sent:
    To:
    Cc:
    Subject:
    Daniel Felipe Cafias Aguirre
    Friday, January 29, 2010 9:21 AM
    secretary
    [email protected]
    Regulation of Retail Forex
    My name is Daniel Cafias, I am a retail forex trader outside the United States and my broker firm is
    regulated by the NFA in the your Country. Its been very hard to believe that you are trying to change
    leverage reguklation even in my particular case that here in Colombia several thousands of traders work
    and live as a traders in as 100% of their income.
    Now if the cftc changes leverage regulations most of us will have to look for another job (cleaning
    houses, taxi driver, gym trainer, etc) or who knows. The only true is that we will no longer have a way
    to live and work as we love, trading.
    Also if in my country like I said thousands of traders have their money in brokers registered and regulate
    in the United States, 1 believe that other countrys have the same or more money in your country. So you
    can imagine how much money this brokers have on their accounts and how much taxes they pay and
    how many jobs they are generating.
    So my opinion is that changing leverage regulations instead of a good idea is an idea that doesn't benefit
    the U. S economy.
    Thank you for your attention,
    Daniel Cafias
    Retail Forex Trader at campodetrading.com
    instead of a good idea is an idea that does not benefit the U.S.
    economy