Comment Text:
i0-001
COMMENT
CL-01268
From:
Sent:
To:
Subject:
Kelly Daniels
Wednesday, January 20, 2010 10:07 PM
secretary
'Regulation of Retail Forex'
Dear David Stawick / Secretary Commodity Futures Trading Commision,
I am a seasoned Forex trader and I oppose the proposed 10:1 leverage decrease. Traders are running off
to overseas brokers. Our country was founded on principles.., one of which being freedom of choice,
another being free enterprise.
Manipulating the rules until everyone does as you please is not the answer here. We've got enough
socialist goof-balls in Washington trying to mirco-manage the rest of our lives as it is, please leave our
trading alone! The result is damage to US based firms, and the people you believe your protecting will
iust trade overseas and potentially take on additional unforseen risks by doing so.
The purpose of regulation is to ensure an equal playground. Not manipulate and strangle the players.
And not to force business overseas. Give this a rest - we've had enough.
Sincerely,
Kelly Daniels
p.s I've got a flight to catch tomorrow, can you run this through a committee over at the CFTC to make
sure it's not too risky?
You get the point!
