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Comment for Proposed Rule 75 FR 3281

  • From: Michael Gualtieri
    Organization(s):

    Comment No: 4988
    Date: 2/4/2010

    Comment Text:

    i0-001
    COMMENT
    CL-04988
    From:
    Sent:
    To:
    Subject:
    [email protected]
    Thursday, February 4, 2010 12:58 PM
    secretary
    Forex Regulations
    I understand the CFTC is considering new regualtions for the forex market on leveraging form 100/1 to 10/1. I
    strongly object to this possible change and believe it should be removed from your consideration. It is
    unnecessary and damaging to my trading efforts. Trying to save people from themselves will only make it worse
    as they will now have to invest 10 times as much to earn a living. In these market times as an individual trader
    trying to supplement income, this will most definitely have an effect on my families lifestyle.
    Regards,
    Michael Gualtieri
    San Clemente, CA 92673
    949-637-7890