Comment Text:
i0-001
COMMENT
CL-05010
From:
Sent:
To:
Subject:
Peter Nwaka
Thursday, February 4, 2010 4:29 PM
secretary
THE CFTC PROPOSAL
Good day.
My name is Nwaka Patrick, i am a client of Alpari(us).
I understand the fact that the CFTC are protecting brockers
and client in one way or the other.I will not get inolved with
Alpari if they are not registered with CFTC because i realy
understand the role they play in this field,that is why i am
speaking out about the proposal that is about to be imposed.
I think it as wise for an investor to decide that and not the
body. Leverage or no levrage,one can loss some
or all of his or her initial money invested on trading.
Imposing this kind of proposal will make serious retail
traders who take it as thier source of income to stop trade
or maybe open an account off shores which is exatly what
am going to do if the propasal is approved.
I will like this to be given a very big taugth before it is
aproved
regulatory
