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Comment for Proposed Rule 75 FR 3281

  • From: Michael Montaina
    Organization(s):

    Comment No: 6075
    Date: 3/5/2010

    Comment Text:

    i0-001
    COMMENT
    CL-06075
    From:
    Sent:
    Subject:
    mmont
    Friday, March 5, 2010 9:52 AM
    secretary
    'Regulation of Retail Forex'
    Dear Sir,
    What is the purpose of the proposed CFTC's 10:1 leverage changes.
    It can't be to help the trader.
    So it must be to eliminate the small trader.
    Who has asked for this change anyway, some fat cat with connections.
    It's worked fine for years, why not leave it alone.
    Michael Montaina
    Gloucester,Va.