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Comment for Proposed Rule 75 FR 3281

  • From: Wesley Hunter
    Organization(s):

    Comment No: 558
    Date: 1/19/2010

    Comment Text:

    i0-001
    COMMENT
    CL-00558
    From:
    Sent:
    To:
    Subject:
    Hunter, Wesley
    Tuesday, January 19, 2010 1:02 PM
    secretary
    Regulation of Retail Forex
    Mr. Secretary,
    It has come to my attention that the CFTC has submitted a proposal that would limit the amount of leverage
    available to a retail forex trader at 10:1. This is an intrusion into the realm of business, and no government entity
    has the right to limit an individual or a company on how much they can spend or make. Just because some fat
    cats on the exchange want to keep the real money making possibilities to themselves does not justify this move
    by the CFTC. Please rethink this issue and drop the proposal. Thank you for your time.
    Regards,
    (979) 482-7155
    wesley, hunter@rn ustangeng, corn