Comment Text:
i0-001
COMMENT
CL-07276
From:
Sent:
To:
Cc:
Subject:
Kenneth D. Gooch
Saturday, March 13, 2010 10:49 AM
secretary
[email protected]
Regulation of Retail Forex / R1N 3038-AC61
to: U.S. Commodity Futures Trading Commission (CFTC)
I am writing to advise you that the proposal to limit margin to 10 to 1 is unacceptable and will cause a crippling
affect for US Brokers and Clients alike. We will simply to what other corporations and organizations have done,
we will contract with Brokers from other countries.
I fail to understand why you do not realize that the government regulations that continue to be placed upon
business and business people is crippling our economy. If you continue to stifle the entrepreneurial spirit of
American investors, you will have no taxes to take in!
It is bad enough we can't use a 200:1 ratio any more. PLEASE... Don't cripple us any further!
PLEASE STOP OVER REGULATOR OUR WORLD!!
Sincerely,
Ken Gooch
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Kenneth D. Gooch
Independent Trader
[email protected]
540-797-5288
4957 Pollyhill Lane - Roanoke, VA 24019
Forex Trading through Pro-Act Traders
