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Comment for Proposed Rule 75 FR 3281

  • From: Russ Ring
    Organization(s):

    Comment No: 6556
    Date: 3/8/2010

    Comment Text:

    i0-001
    COIMMENT
    CL-06556
    From:
    Sent:
    To:
    Subject:
    Russ Ring
    Monday, March 8, 2010 4:03 PM
    secretary
    Regulation of Retail Forex
    Leave it to the CFTC to mess things up.
    I have no idea what purpose the above regulations would serve. To limit the margin requirements seems so petty on your
    part!
    Why don't you simple come out and say we don't want Retail Forex Trading. That would make your Banks happy ..... Instead
    you have to play these little games to force everyone out. At least there will be limited PC, and you can proudly say we are
    just trying to protect you, which you already know is crap. Do you even understand Forex?
    I am sure you are bending over backwards for the Banking Industry. Heaven forbid anyone makes a couple of dollars without
    the Banks getting all twisted out of shape.
    It's not bad enough that the US Government has to control every little thing we do. Now agencies like yours needs to break us
    too!!!
    It is just plain disgusting and you should be ashamed of yourselves. What am I thinking, you being ashamed, please!!!
    A retail Forex Trader.