Comment Text:
i0-001
COMMENT
CL-05647
From:
Sent:
To:
Subject:
[email protected]
Monday, March 1, 2010 1:09 PM
secretary
Public Comment Form
Below is the result of your feedback form. It was submitted by
([email protected]) on Monday, March 01, 2010 at 13:09:18
commenter_subject: CFD Trading
commenter_comments: It appears that America's so-called freedom to
trade does not exist. The rest of the investment
world hates US residents and does not allow us to
trade CFD products,participate in high leverage
trading at 400:1 and 500: 1, and spread betting.
Leverage is not the problem. CFTC and NFA
regulation is.
As an American, residing in the US, we should have
the same opportunities and our European
counterparts. At present, we don't because
Americans are being discriminated due to rules and
regulations imposed by the CFTC and NFA that take
away our "freedoms".
I propose that the CFTC and NFA either loosen
regulations or be dismantled as an organization.
commenter_name: Daniel Ng
commenter_firm: Individual Investor
commenter_withhold_address_on: ON
commenter_addressl: 172 Virginia Avenue
commenter_city: Dumont
commenter_state: New Jersey
commenter_zip: 07628
commenter_phone: 4152514642