Comment Text:
i0-001
COMMENT
CL-05487
From:
Sent:
To:
Cc:
Subject:
John Lynch
Sunday, February 21, 2010 11:28 AM
secretary
[email protected]
Regulation of Retail Forex
To: David Stawick, Secretary
Commodity Futures Trading Commission
1155 21st Street, N.W.
Washington, DC 20581
re: RIN 3038-AC61 in the body.
David,
I am a retail Forex trader using Interactive Brokers for my trading. Your
proposal to limit retail leverage to 10x will KILL MY INCOME that I have
spent years developing. And I notice that hedge funds and Goldman Sachs and
BIG WALL STREET are exempted??? Give me a break. This is EXACTLY what you
should NOT BE DOING.
Don't kill the whole damn market for the little guy and pretend that you are
"protecting us". If your goal is to go after Forex trading scams then do
that, but DON'T KILL THE WHOLE DAMN FOREX MARKET FOR THE LI-I-I-LE GUY.
John Lynch
President, Trithon LLC
