Font Size: AAA // Print // Bookmark

Comment for Proposed Rule 75 FR 3281

  • From: Christopher Burns
    Organization(s):

    Comment No: 4500
    Date: 1/29/2010

    Comment Text:

    i0-001
    COMMENT
    CL-04500
    From:
    Sent:
    To:
    Subject:
    Attach:
    cBurns
    Friday, January 29, 2010 7:34 PM
    secretary
    RIN 3038-AC61 Regulation of Retail Forex
    Letter to CFTC Secretary.pdf
    Dear Secretary David Stawick,
    I am writing with concern to the proposed changes to the Regulation of Retail Forex RIN 3038-AC61.
    Due to the state of the current economy, I have received several pay cuts at my current job. This
    change in income has greatly reduced the way money is spent. The forex market has created a little
    extra income that allowed more money to be spent on food and entertainment. A neighbor of mine
    even lost his job over a year ago and has been using forexto sustain himself as his sole source of
    income. I hope you are able to understand the difficulties many of us are facing and how this will
    impact the population who cannot afford another deleverage of the forex market.
    Thank you for your time.
    Sincerely,
    Christopher BurnsDavid Stawick, Secretary
    Commodity Futures Trading Commission
    1155 21st
    Street,
    N.W.,
    Washington, DC 20581
    Fax: (202} 418-5521
    Regulation of Retail Forex RIN 3038-AC61
    Dear CFTC Secretary,
    I am writing with concern to the proposed changes to the Regulation of Retail Forex RIN 3038-
    AC61.
    Due to the state of the current economy, t have received several pay cuts at my current job.
    This change in income has greatly reduced the way money is spent. The forex market has
    created a little extra income that allowed more moneyto be spent on food and entertainment.
    A neighbor of mine even lost his job over a year ago and has been using forex to sustain himself
    as his sole source of income. I hope you are able to understand the difficulties many of us are
    facing and how this will impact the population who cannot afford another deleverage of the
    forex market.
    Thank you for your time.
    Sincerely,
    Christopher Burns
    5116 Narragansett Ave APT 14
    San Diego, CA 92107