Comment for Proposed Rule 75 FR 3281
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From:
Thomas D Brown
Organization(s):
Comment No:
1893
Date:
1/21/2010
Comment Text:
i0-001
COMMENT
CL-01893
From:
Sent:
To:
Subject:
Tom Brown
Thursday, January 21, 2010 2:37 PM
secretary
Regulation of Retail Forex
Mr. Stawick,
My broker has informed me that the CFTC has proposed limiting leverage on retail Forex accounts to a
10:1 ratio. I am TOTALLY against it.
I'm told to use this identification number - RIN 3038-AC61, for what it's worth.
I'm trying to stay off my soap box, but it is difficult. This country is moving closer and closer to
socialism every day, and soon the word capitalism will be a thing of the past. This could be a maj or step
in eliminating the Forex market.
Enough said.
Thank You,
Thomas D. Brown