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Comment for Proposed Rule 75 FR 3281

  • From: Charles Phillips
    Organization(s):
    Forex Trader

    Comment No: 7
    Date: 1/14/2010

    Comment Text:

    i0-001
    COMMENT
    CL-00007
    From:
    Sent:
    To:
    Subject:
    caphillips
    Thursday, January 14, 2010 9:59 AM
    secretary
    Regulation of Retail Forex
    To Whom it May Concern:
    I understand that the CFTC is considering new regulations on the retail forex market, particularly a change in leverage to 1011. I
    stronqly object to this new regulation and want this new regulation removed from your consideration. It is unnecessary and intrusive,
    and damaging to my trading efforts. It is an unwelcome attempt to "save me from myself" that will only curtail my personal trading. I am
    sending a copy of this email to both of myUS Senators, Senator Durbin and Senator Burris, and to myUS Representative, Rep. Peter
    Roskam, and will request that they contact you with their objections, too.
    Regards,
    Charles Phillips
    Forex Trader
    708-525-4121