Comment Text:
i0-001
COMMENT
CL-04792
From:
Sent:
To:
Subject:
Connor, Phil
Tuesday, February 2, 2010 3:41 PM
secretary
Regulation of Retail Forex
Concerning the proposed regulations in retail forex to limit the amount of leverage available to traders at levels of
10:1 (ref._RIN 3038-AC61
),
What is wrong with you people?
Yes - promulgate better, meaningful reforms and regulations to prevent fraud and scams by brokers (which
you will likely not do) and leave the retail trader alone when it comes to how much leveraqe he or she may
wish to use.
This is (and should remain) the individual's choice and decision as a trader responsible for one's
own decisions.
We are not fooled. TheCFTC, theSEC, government in general, is so thoroughly compromised that you do not
serve the public, only powerful, vested interests.
Respectfully,
Phil Connor
