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Comment for Proposed Rule 75 FR 3281

  • From: Nathalie Hayden
    Organization(s):

    Comment No: 8149
    Date: 3/17/2010

    Comment Text:

    i0-001
    COMMENT
    CL-08149
    From:
    Sent:
    To:
    Subject:
    Nathalie Hayden
    Wednesday, March 17, 2010 9:11 AM
    secreta ry < secreta ry@ C FTC. g ov >
    Regulation of Retail Forex
    RIN 3038-AC61
    To whom it may concern:
    I wonder where, when and, how it will all end... The proposed CFTC rule, a possible leverage
    change 10:1; The great think about been an cogitative adult is the understanding of what your
    risk appetite is. The option to select the leverage that is best suited for myself(and Iam sure
    many, if not all others) should be a personally decide as I (we) comprehend what forex is, and is
    therefore, willing to take on that risk.
    For many of us it is a way to put food on our tables and provide shelter to sleep at night for our
    families, a burden the US government cannot further assist in, because your system is already
    stretched.
    I will ask again, where, when and how it (regulating) will end? I (we) are traders who are doing
    something that will not make us a burden to your governmental institute, but yet, it seems to
    me, that you do not even want well intend individuals to put ourselves, in a position to potentially
    earn a living especially in these challenging times where are no jobs and unemployment is high
    with no real (long term) way of fixing it.
    IBFX, GFT, FX solution and all the others, have given us a vehicle to possible earn an honest
    living, once again I(we) understand the risk of forex and in no way are we delusional; but that's,
    the entrepreneurial mind and spirit that makes us successful and hopefully will continue to make
    America great. The option to select our leverage of choice here in the USA, is a continued part of
    why entrepreneurs are willing to take on the knowing risk of FOREX, and why, I (we) are
    speaking out against the new proposed change. IT WILL HAVE A NEGATIVE IMPACT.
    Sincerely,
    nathalee hayden.