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Comment for Proposed Rule 75 FR 3281

  • From: Beth T Gallegos
    Organization(s):

    Comment No: 8267
    Date: 3/17/2010

    Comment Text:

    i0-001
    COMMENT
    CL-08267
    From:
    Sent:
    To:
    Subject:
    beth gallegos
    Wednesday, March 17, 2010 6:23 PM
    secretary
    forex rules changes
    David Stawick,
    Secretary, Commodity Futures Trading Commission,
    1155 21 st Street, NW
    Washington, DC 20581
    Mr Stawick,
    I am appalled, dismayed and irate that you are proposing to change the rules in retail Forex trading.
    I have been trading in the stock market for almost ten years now, and recently nothing in that market has
    made sense to me anymore. The market has become so fraudulent and manipulated.
    After the crash in 2008, I began trading in the Forex market as an alternative to the stock market,
    because I no longer had any faith at all that the stock market was even remotely legitimate.
    Now, after taking much money of mine away (in a crash that we small retail investors did not foresee or
    understand...) you want to remove my freedom to trade in the world wide currency markets? I was
    profitable in the stock market for several years before the crash., and now I've only just begun to be
    consistently profitable in currencies.
    I am 54 years old, and for the first time ever, I am looking to move out of the U.S.
    This country has changed. I thought we were the land of the flee?
    You need to protect me from the likes of Goldmans Sachs and various government financial committees
    (er.. Goldman Sachs and JPM?)... PLEASE do not attempt to protect me from myself. Leave that to
    me!!
    My enemy is not myself but rather, the leaders of this country.., who say they try to do me good. Ha!
    Why should fortunes be given via taxpayers to those in charge at Goldman Sachs and other big bankers
    without my consent?
    And now you propose to forcibly take me out of the game! I am the one who has played fair. I do not
    deserve this.
    It is sad that someone such as myself is looking to possibly move out of the US since I may have no
    other alternative.
    Sincerely,
    Beth T. Gallegos