Comment for Proposed Rule 75 FR 3281
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From:
Mark W Griffin
Organization(s):
Comment No:
1550
Date:
1/21/2010
Comment Text:
i0-001
COMMENT
CL-01550
From:
Sent:
To:
Subject:
Dr. Mark Griffin
Thursday, January 21, 2010 5:03 AM
secretary
Regulation of Retail Forex
Dear CFTC,
I am writing in response to the proposed 10:1 leverage proposal being considered for US
Forex markets, reference RIN3038-AC61.
I am completely against this proposal, and I am sure most (if not all) other individual traders
are also opposed to this. This is an assault on personal freedom of choice and the free market.
I am against such policies which ostensibly are to "to protect us", but actually pave and lead
us down the road to a socialist/Nazi managed economy.
I highly suspect that this is deliberately orchestrated so as to push money back towards Wall
Street where the discredited, scandalous "experts" can further plunder Americas remaining
wealth.
With the recent devastating change to 100:1 leverage, I am sure that many traders have
moved their trading accounts overseas, and they will remain there. Forcing Americans to move
their money out of the country is a very bad thing to do.
I strongly urge you to withdraw the 10:1 leverage proposal as it hurts Americans.
Kind Regards,
Dr. Mark W. Griffin
