Comment Text:
i0-001
COMMENT
CL-05532
From:
Sent:
To:
Subject:
GARY POPE
Monday, February 22, 2010 10:13 PM
secretary
"regulation of retail forex"
To The CFTC,
As a 3 year trader in the forex market, i can tell u that i have blown out several multi-thousand dollar accounts
in the past. This was do to inexperience and greed. ! This is and was my own responsibility to learn the markets and make
sound decisions based on that knowledge. It is not the responsibility of the CFTC to make these decisions for me. This is
not, as it should not be a governmental welfare system looking out for those who choose to break the rules, or not be
educated before trading. These new proposed changes are only going to drive traders to overseas markets, not controlled by
the NFA & The CFTC. Not to mention these markets are extremely more flexible on past usa trading rules. ( hedging,
leverage) It seems to me that this country is more focused on the little man losing there money, regardless of why, than
helping them achieve their ultimate goal of prosperity, where a open and unregulated platform should be put back into
place. !!
Gary Pope
&n bsp;
Sincerely,
&nbs p;
