Comment for Proposed Rule 75 FR 3281
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From:
Charles Lindsay
Organization(s):
Comment No:
2083
Date:
1/21/2010
Comment Text:
i0-001
COMMENT
CL-02083
From:
Sent:
To:
Subject:
Charles Lindsay
Thursday, January 21, 2010 6:36 PM
secretary
Regulation of Retail Forex
RIN 3038-AC61
To whom it may concern:
I am writing to tell you my thoughts on your proposal to change the maximum leverage from 100:1 down to 10:1. I think this is
a horribly bad idea. I understand you want to regulate individuals but this is taking it one step too far. I hope that my email is
just one of trillions that make it to your inbox and I hope that this proposal is dropped from becoming law.
It is this type of government intrusion that the people of Massachusetts overwhelmingly rejected with their vote to send Scot
Brown to the senate, and if this proposal becomes law, you can be assured that the will of the people will heard all over this
great country through the ballot box.
Please use this email as a wake-up call to abandon these ridiculous restrictions you are placing on US Retail Forex traders.
Failure to do so will only force the masses of people to move their money overseas out of your jurisdiction.
Respectfully,
Charles Lindsay
Las Vegas, NV
