Comment Text:
i0-001
COMMENT
CL-04771
From:
Sent:
To:
Subject:
Chris Shaw
Tuesday, February 2, 2010 6:26 AM
secretary
Industry Filings: Comments on Industry Submissions
The recent CFTC proposed leverage changes are completely wrong for small investors like myself.
I am unemployed, I cannot find work, but survive by trading the Forex Markets. The current
leverage offered by FX Brokers affords me enough profits to put food on my table and keep a roof
over my head.
If your proposed leverage changes go through, I will then be out of business. I will be forced to live
on the streets! I will be forced to receive any and all food stamps. My new home will be a card
board box in the alley.
Why are you trying to make the small investor poor?
Please leave the leverage alone. These currencies hardly move in price (less than a couple of
pennies). Changing the leverage means only banks and financial institutions will be left trading in
the Forex Markets. Why is this Administration favoring the banks and not the little guy? The
government has given our tax dollars to the banks in the form of TARP money. Where is the little
guys TARP money? Why is this Administration all about helping the big, rich banks and making the
little guy suffer? Where is our support in this Administration.
Again, please leave alone the current leverage system for the Forex Traders and kill your proposed
legislation.
Thanks for listening to me,
Chris
