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Comment for Proposed Rule 75 FR 3281

  • From: Jeffrey
    Organization(s):

    Comment No: 1962
    Date: 1/21/2010

    Comment Text:

    i0-001
    COMMENT
    CL-01962
    From:
    Sent:
    To:
    Subject:
    Top Shape
    Thursday, January 21, 2010 4:12 PM
    secretary
    Regulation of Retail Forex
    RIN 3038-AC61 I'm a small Forex trader (not criminal like Bernie Madoff or some sleazy investment firm) and
    have been trading small scale for 3 years. I am shocked that you (SEC) would destroy our abilities to trade forex
    by changing leverage to 10:1 Why does government hinder growth to our economy? Bureaucrats,
    Commissions, High job killing taxes for Government health care, Now you SEC wants to stop Americans from
    having some dollars in our pockets (don't you want to promote growth in America?) SEC from my understanding
    is to protect the integrity of American investments. You have to uncover and stop illeagal activity etc... Please
    don't pass this 10:1 in Forex Forex is my only hope to give myself a little extra financial cusion in my near
    retirement. Anyhow...You asked for public input>>my input is a strong NO Free enterprise .... Help America
    Grow!! Obama is a human wrecking ball...everything he and his admin does send our economy lower. Please
    don't join his bandwagon to push us into a 3rd workld country with no opportunities. Respectfully Jeffrey in
    Oklahoma