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Comment for Proposed Rule 75 FR 3281

  • From: Lindsay Sweeney
    Organization(s):

    Comment No: 7527
    Date: 3/14/2010

    Comment Text:

    i0-001
    COMMENT
    CL-07527
    From:
    Sent:
    To:
    Cc:
    Subject:
    Lindsay Sweeney
    Sunday, March 14, 2010 8:39 PM
    secretary
    cftcfeedback@fxdd, com
    Regulation of Retail Forex'
    Dear Sir / Madam
    Re ...
    RIN 3038-AC61.
    I wish to voice my opposition to the reduction of the leverage available to Forex Traders. It is surprising that a
    regulatory body would ever entertain the notion that leverage offered to traders by the banking corporations could
    cause the collapse of a currency. This seems another un-thought-out scenario by the ignorant who at the behest of
    their financial masters, (banks and other such corporations who have tame and sycophantic mercenaries such as your
    committee members recommending such legislation) and who are obviously ill-equipped to make such decisions,
    rushing to satisfy those that have bought on the debt and credit crises, in order to deflect the blame away from those
    who should rightly shoulder such blame. Shame on you all who are proponents of such a change.
    USA LEGISLATORS NEVER FAIL TO PROVE THEIR DOUBLE STANDARDS OR TOTAL IGNORANCE OF THE
    WORLD OUTSIDE OF THEIR SAFE AND NARROW FIELD OF VISION WHICH NEVER SEEMS TO BREAK OUT
    OF THE BOUNDARIES OF THEIR OWN SELF INTEREST.
    Lindsay Sweeney
    Forex Trader who would no longer be able to make a living in the event that this legislation is passed.
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