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Comment for Proposed Rule 75 FR 3281

  • From: William R Jones
    Organization(s):

    Comment No: 8595
    Date: 3/19/2010

    Comment Text:

    i0-001
    COMMENT
    CL-08595
    From:
    Sent:
    To:
    Cc:
    Subject:
    William Jones
    Friday, March 19, 2010 10:41 AM
    secretary
    pappybilljones@sbcglobal, net
    RIN 3038-AC61
    CFTC Commissioners
    I wish to voice disapproval of the proposed change of regulations involving retail forex trading. It is interesting that some
    of the commissioners were involved with the legislation that caused the housing boom and then the worst financial disaster
    in our countries history. The two acts were Gramm-Leach-Bliley Act (Financial Services Modernization Act of 1999) and
    the Commodities Futures Modernization Act of 2000. Now here you come ten years later to work your mischief again, to
    manipulate the markets more for the benefit of your special interest friends.
    Your plan is to manipulate the marketplace through regulatory fraud against individual retail traders by creating different
    trading rules for different participants, creating an unlevel playing field . The goal (class warfare) of course is to drive as
    many American individual traders out of the American Markets, so the Big Dogs have the Sandbox to themselves
    and greater control of the market. Your action is to be expected as the Government moves deeper and deeper into the
    American Totalitarian political and economical system. The definition of freedom is a condition of being free of
    restraints. Your proposed changes are oppressive restraints on my individual freedom and that of public liberty. ! strongly
    suggest the CFTC not approve the proposed regulation changes.
    Respectfully,
    William R. Jones
    pappybillj [email protected]
    recapturefederalism.com