Comment for Proposed Rule 75 FR 3281
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From:
Gene Quintanilla
Organization(s):
Comment No:
1307
Date:
1/20/2010
Comment Text:
i0-001
COMMENT
CL-01307
From:
Sent:
To:
Subject:
Gene Quintanilla
Wednesday, January 20, 2010 10:30 PM
secretary
Regulation of Retail Forex
Dear U.S. Commodity Futures Trading Commission,
I'm glad you're seeking public comment on proposed regulations concerning retail Forex trading (RIN
3038-AC61) and I hope you actually "listen" to my comments. Make no mistake, 1 am absolutely
against reducing the leverage in retail forex customer accounts to a 10-to-1 limitation! Doing so would
not only handcuff retail customers in a severe manner, but would vastly limit their abilities to trade in
the forex market. In addition, it's once again a policy of big government limiting the flexibility of the
common US citizen with the assumption that retail forex traders are too dumb or undisciplined to
manage their own funds. Rest assured, I do not need your oversight in this area and resent the initiative
to do so. This isn't consumer protection; this is consumer persecution. Kill the initiative -NOW!!!
Respectfully,
Gene Quintanilla
