Comment Text:
i0-001
COMMENT
CL-00543
From:
Sent:
To:
Subject:
Charles E Spevack
Tuesday, January 19, 2010 12:54 PM
secretary
'Regulation of Retail Forex'
ID: RIN 3038-AC61
It is clear to me that you "The U.S. Commodity Futures Trading Commission (CFTC)" are trying to
exclude the common man, (US citizens) the ability to participate in the retail FOREX market.
This seems to be continuation of the present DEMOCRATIC Partly play plan that all common folks
are stupid and need government oversight and rule. A $10,000 per lot requirement will clearly be
an attempt to only allow the banks to participate.
The individual investor should have the RIGHT to determine his/her acceptable margin within
limits.
With today's electronic broker systems, an investor in the retail FOREX market can only
loose what is deposited in there brokerage account. That is their RISK. That amount
is not for YOU to decide.
Thank You
Charles Spevack~
