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Comment for Proposed Rule 75 FR 3281

  • From: Maria Sanchez
    Organization(s):

    Comment No: 4381
    Date: 1/28/2010

    Comment Text:

    i0-001
    COMMENT
    CL-04381
    From:
    Sent:
    To:
    Subject:
    Maria Sanchez
    Thursday, January 28, 2010 4:17 PM
    secretary
    Regulation of Retail Forex
    I am
    fully against
    your proposal to place 10:1 leverage restrictions on the retail forex investor. It goes
    against the free capitalist market that has helped make this nation great. How can you even be
    considering coming in between an investor and his dealer and forcing the investor to invest in the
    manner that you see fit. It has a strange likeness to that of a communist country. It is not the right of the
    government to take away the freedoms of the American people through regulations. Your regulations
    should protect our freedoms. How it was explained to me from my dealler is that the purpose of your
    new regulations or to protect consumers. Then
    we need protection from you the CFTC who is
    stealing our rights and way of making a honest living.