Comment Text:
i0-001
COMMENT
CL-05456
From:
Sent:
To:
Subject:
Mindy Yost
Friday, February 19, 2010 2:51 AM
secretary
Regulation of Retail Forex
Dear Mr. Stawick,
This is the third time I have sent you my comments about the new 10:1 Leverage change that the CFTC is
proposing for Retail Forex. I am finding it very odd that neither of my prior comments have yet to be posted on
your comments page, since I sent the first on January 30 and the 2nd one week later. Do you only post the
comments you like?? Or, just a sampling of the comments received?? Is it not your responsibility to post ALL
comments in a timely manner? I am not the only person to have this problem... I personally know at least 25
others who have sent comments that have not shown up... very disturbing...
Anyway, add me to the list of people who think this is the most rediculous rule change you could dream up. It
serves no purpose to benefit the industry or the traders and will do nothing but chase more US traders into overseas
accounts.
I do thank you though for this opportunity to comment - something that you SHOULD HAVE DONE prior to the other
crazy rules you implemented regarding hedging and FIFO. You people really do need to learn how to trade in the
Forex BEFORE you dream up these crazy, useless, harmfull rules. You need to focus on regulating the vendors of
this industry with regard to honesty and integrity, and keep your oppinions of how people should trade out of it.
Leave those decisions to the individual traders. Maybe then we could actually respect your authority over the
industry - but honestly, your organization has become nothing but a bad joke. You might also try hiring someone
with Obama's Jobs Bill money who could actually answer the phone, since all I ever get when I call is the answering
machine - and my messages are NEVER returned.
Sincerely,
Mindy Yost
Mindy Yost
Leawood KS, 66209
m indyyost@kc, rr.com
