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Comment for Proposed Rule 75 FR 3281

  • From: Dennis Jordan
    Organization(s):

    Comment No: 6758
    Date: 3/11/2010

    Comment Text:

    i0-001
    COMMENT
    CL-06758
    From:
    Sent:
    To:
    Cc:
    Subject:
    Dennis Jordan
    Thursday, March 11, 2010 1:06 AM
    secretary
    capitaltradesusa@yahoo, corn
    "Regulation of Retail Forex
    Ladies and Gentlemen;
    From my understanding you are wanting to place a new 10:1 margin on traders and investors.
    This proposal is NOT acceptable and I vote NO against it!!!
    As I see things, I earn a living, I pay taxes, and the money that I have left over is mine to do with as I so desire.
    Should I choose to Risk investing that money in any type of securities, it is my right to do so. I know the risk, I
    know what I'm doing as adult who pays taxes.
    For you to come along and hinder or prevent me from having better investment and trading opportunities is wrong.
    You may think you are protecting me by passing this rule, however, I wish to remind you, I am an adult taxpaying
    citizen who does not require nor want your protection. Again, I am fully aware at all times the risk I am taking.
    What you will do by forcing me to obey this new rule is to make less money, pay less taxes, and cause me to look
    outside of The United States for other investment opportunities. If you introduce new legislation in the future to try
    to prevent me from looking outside of the country, I shall MOVE to another country, renounce my United States
    Citizenship, and take up business there.
    You are also going to cause other foreign investors and traders from not wanting to do business with The United
    States Markets, and thus, they will take their business elsewhere. This is not good for our country as it produces
    less tax and revenue for our government. This does not help our economy.
    Should you pass and enforce this legislation, I will be looking for other partners who are interested in forming a
    Class Action Law Suit against your Organization and will be joining them.
    If Illegal activities and wrong doings causes our economy to collapse, why hasn't our government tracked down
    those responsible for the collapse and brought them to trial under the charges of Financial Terrorism? Since our law
    enforcement agencies have not arrested and formally charged anyone of any wrong doing, then you sincerely do not
    have a right to punish us small, common investors by introducing legislation which will hurt our ability to earn
    profits.
    Again I vote NO to this proposal, and again, if you do pass it, I shall take my business elsewhere outside of this
    country and if you try to hinder that, I shall Renounce My Citizenship and move to another country which will give
    me the freedom to pursue profits and thus, a life of pursuing happiness as this is my definition of that word and in
    which case, I am guaranteed it under The Constitution.
    Good Day Ladies and Gentlemen..