Comment Text:
i0-001
COMMENT
CL-07376
From:
Sent:
To:
Subject:
Richard Spencer
Saturday, March 13, 2010 5:32 PM
secretary
Regulation of Retail Forex
RIN3038-AC61
Government should interfere as little as possible with the private sector. I am a 1 st Lieutenant in the US
Air Force and defend the freedoms of Americans with my life. Restricting the Maximum leverage to a
10:1 ratio reduces my right to make choices and risks as I see fit. It is not for the CFTC to dictate this, it
is for the CFTC to oversee that business is conducted ethically. When I make a trade I know the
rewards and risks involved. Don't treat me like I can't think for myself. It is Capitalism and free market
enterprise that should dictate this. If I don't like a companies policy I should be free to use another
instead. How can I have freedom of choice if all the companies are regulated to such a micromanaged
level. They will all be the same which will cause me to look to other out of country companies that
allow for my risk to reward desires. This restrictive regulation will drive business away.
Regards,
1 st Lt Richard Tyler Spencer
