Comment Text:
i0-001
COMMENT
CL-01303
From:
Sent:
To:
Cc:
Subject:
Ravi <[email protected]>
Wednesday, January 20, 2010 10:25 PM
secretary
[email protected]
USA CFTC set to Destroy USA Forex markets - Reducing it from land of
opportunity to land of poverty: RESTORE MARGIN to 1:200, 1:400
Sir/Madam,
Investors in USA are mature to decide leverage for themselves.
CFTC / NFA have already done their worst by introducing FIfO and 100:1 margin rule.
Further, CFTC / NFA have gone ahead to restrict overseas brokers to take USA residents as their
customers. What madness CFTC
Some whimsical fat salary drawing Government Employee (from our tax payer money) is doing some
nasty thinking for USA in order to please his bosses on Regulation Efficiency amidst turmoil in Credit
Derivatives industry.
USA will lose all clients from USA forex market from retail section. A lot of brokers will do business or
divert business elsewhere. USA Retail Trader residents will prefer to lose their residency / citizenship as
this is thief livelihood.
CFTC do not go overboard in your foolish zealousness to report to Obama.
Regards,
USA Trader
Note: A more polite letter is being sent to Congressmen and President to stop the Stupid CFTC (sucking
on our tax payer money)
