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Comment for Proposed Rule 75 FR 3281

  • From: James C Magnum
    Organization(s):

    Comment No: 5552
    Date: 2/23/2010

    Comment Text:

    i0-001
    COMMENT
    CL-05552
    From:
    Sent:
    To:
    Subject:
    Jose Reynoso
    Tuesday, February 23, 2010 8:45 AM
    secretary
    Forex Trading
    Hello,,
    My name is James and it seems to me that with all the problems going on in our American economy and the things that
    people
    have to do just to try and keep some food on the table, not to mention the fact that government in all their "glory" has no
    avenue to
    help out the average person, that leaves each of us to straggle and come up with legitimate and gainful ways to support
    ourselves and our families.
    To take a little of the few dollars we might have saved and try to invest in our own futures is something the government
    should support especially
    since it can't handle the load of needy families,, and doing something like cutting the leverage abilities of trading houses
    will hurt not only the companies
    who provide us with the "hope" that you can't right now, but also the "little guy' who is just trying to find adequate ways to
    survive this crisis, as I believe
    we are in a more modem pattern of the 1930's when people were literally starving to death and waiting in lines for food.
    If you start "changing things like this", you're only going to incite people to look elsewhere for something that is
    more"supportive" for their needs,
    even if that's not here in the US,, is that what you want? To put more people and business out of work whereas the majority
    of investors will start to look outside
    of the US for legitimate avenues of investing, only to be at the mercy of international hackers and financial mercenaries,
    who now have a more easier time
    and resource to fund their illicit activities?
    You really need to think about what this could do for our National Security and the mood of the nation when we all need
    one another more than ever..
    Sincerely,
    James C Magnum
    A Voice of Hope