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Comment for Proposed Rule 75 FR 3281

  • From: Mark Flynn
    Organization(s):

    Comment No: 755
    Date: 1/19/2010

    Comment Text:

    i0-001
    COMMENT
    CL-00755
    From:
    Sent:
    To:
    Subject:
    Mark Flynn
    Tuesday, January 19, 2010 5:31 PM
    secretary
    Regulation of Retail Forex
    RIN 3038-AC61
    Hello,
    I challenge the thought process behind the current CFTC proposal for leverage restrictions in the
    Foreign Exchange Markets. America is a capitalist society, a free country where we have the right
    to make our own choices and the right to manage our own money. I do not need any further
    government oversight telling me how much I can and cannot risk in the markets, as I am investing
    my own money in line with my risk appetite and skill level. Any attempt to impose said
    restrictions will further inhibit the flow of capital into the U.S. and may in fact drive capital away
    from the U.S. Should the proposed legislation be enacted, I assure you I will be moving my funds
    outside the U.S, where I can manage my funds as I please. Thank you for allowing me to express
    my views on this times sensitive matter.
    Best regards,
    Mark Flynn
    2075 N Main St, Apt D303
    Layton, UT 84041
    801-820-5877
    [email protected]