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Comment for Proposed Rule 75 FR 3281

  • From: Alex Guimaraes
    Organization(s):

    Comment No: 6145
    Date: 3/5/2010

    Comment Text:

    io-ooi
    COMMENT
    CL-06145
    From:
    Sent:
    To:
    Subject:
    Alex Guimaraes
    Friday, March 5, 2010 10:51 AM
    secretary
    Regulation of Retail forex
    This proposal by the CFTC will hurt us the small investors. Please stop this proposal change RIN 3038-
    AC61.
    Every trader likes the leverage afforded by forex trading and do not need any legislation to "protect" us.
    When we trade the markets we are assuming the risks of such endeavor and actually need higher
    leverage in order to compete with banks and other institutional players.
    Thank you for your consideration,
    Alex Guimaraes
    Irvine, CA