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Comment for Proposed Rule 75 FR 3281

  • From: Trevor Husbands
    Organization(s):

    Comment No: 7496
    Date: 3/14/2010

    Comment Text:

    i0-001
    COMMENT
    CL-07496
    From:
    Sent:
    To:
    Subject:
    Trevor
    Sunday, March 14, 2010 3:45 PM
    secretary
    Regulation
    I am a Forex Trader. I know and understand my risk. I am TOTALLY against the fact the CFTC
    proposal will try to regulate the amount of risk I can take.
    America is born from risk takers. Any one getting on the old ships, blown by the wind and sea was a
    risk taker. They risked their lives compared to what we risk in Forex.
    The risk is what any great invention, idea, concept that is contrary to the popular norm upon which our
    great society is fabricated. WE are just robots without the option of taking risk. The greatest
    pioneers in oil, industry, sience, math, music, business, Ford Motors, naval inventions, man in space, all
    was based on risk. How many of them risked all that they had for their ideas.
    The risk in Forex is mine to take or not take, I am well advised(informed) it is not a decision for the
    CFTC to regulate and make for me. I will prefer to leave the country when I feel that my freedoms to
    control my own risk is regulated.
    Are we now individuals who cannot think and control our own actions. Do we need a daddy regulating
    body to tell us how much risk we can afford .... If I lose every thing that is my risk. I have to live with it.
    I a solidely against this proposal.
    Trevor Husbands
    Forex Trader