Comment Text:
i0-001
COMMENT
CL-04317
From:
Sent:
To:
Subject:
Brian Morgan
Thursday, January 28, 2010 5:07 AM
secretary
Regulation of Retail Forex
David Stawick, Secretary Commodity
I am writing as a US Citizen that has become outraged at the inappropriate actions of the NFA/CFTC and other entities that
continue to erroneously place unreasonable regulations on the FOREX industry, the companies and the traders. Changes in
Hedging, Leverage and other bogus regulations are detrimental to the business being done in the USA. This will simply
force the markets outside of the USA; Business will not cease it will go off-shore as this is a global market that we deal it.
THe issue that I am specifically writing about is RIN 3038-AC61. Do NOT reduce the leverage from 100:1 down to 10:
If this passes, I will certainly put efforts into removing from office through the election process or having you removed from
you post. Remember you for us the citizens, we do not work for the government.
Sincerely,
Brian Morgan
Orem, UT
