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Comment for Proposed Rule 75 FR 3281

  • From: John Ogden
    Organization(s):

    Comment No: 4444
    Date: 1/29/2010

    Comment Text:

    i0-001
    COMMENT
    CL-04444
    From:
    Sent:
    To:
    Subject:
    john ogden
    Friday, January 29, 2010 1:09 PM
    secretary
    no further lesilation on forex leverage limits
    To whom it may concern I am writing as a concerned tax paying american, about the cftc overstepping
    their bounds in regards to leverage limits in the forex. The current ratio of 100:1 should not be tampered
    with as you people have already meddled enough with the prior limits of 400:1. All you people need to
    do is what you were created to do which is investigate and properly deal with complaints of investors
    being defrauded. You should never under any circumstances cripple the American peoples ability and
    right to prosper through investment by unfairly and illegally controlling the amount of leverage used to
    invest. You are only upsetting investors and the financial freedoms due them. Everyone knows the risk
    and gain potential when they get involved. I dont see you guys trying to restrict how many shares people
    buy in publicly traded companies though the potential for loss and gain is the same. That said leave
    leverage limits alone we dont need you cotrolling our abilities to invest. You were supposed to be here
    to help and protect investors from fraudulent practices by untrustworthy brokers and the like. You were
    not created to limit and hamper investors from being able to prosper. This is the USA not the USSR. NO
    MORE TAMPERING THE AMERICAN PEOPLE DO NOT WANT OR WELCOME YOUR
    COMMUNIST CONTROLS AND OVER REGULATION. lF YOU WANT TO INVESTIGATE
    FINANCIAL FRAUD START WITH OUR LIAR AND THIEF OBAMA AND HIS LITTLE
    CRONIES THE MORONIC CONGRESS ALL OF THEM FOR THE "STIMULUS THEFT" WHICH
    HAS ONLY HURT NOT HELPED THE AMERICAN PEOPLE. CONTINUE THE WAY YOU ARE
    GOING AND WE WILL RISE AS VOTERS DID IN MASSACHUSETTS AND CHASE YOU
    PARASITIC VERMIN FROM EVERY PUBLIC OFFICE AND PLACE IN THE GOVERNN[ENT
    WHERE YOU EXIST.