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Comment for Proposed Rule 75 FR 3281

  • From: Joseph Mrstik
    Organization(s):

    Comment No: 8604
    Date: 3/19/2010

    Comment Text:

    i0-001
    COMMENT
    CL-08604
    From:
    Sent:
    To:
    Subject:
    joemrstik@comcast, net
    Friday, March 19, 2010 12:21 PM
    secretary
    Regulation of Retail Forex
    Gentlmen: My wife and I have been investing the last 4 years in programs, seminars and travel to become
    educated and informed traders in the foreign currency markets.
    We have spent over $15000 for our education and countless numbers of hours listening to currency traders
    to learn strategys on how to read the charts for the technicals and watching for news to work
    with the fundamentals. In addition I have got up countless times at two AM in the early morning to trade the
    european markets.
    Now that we are beggining to feel a little more comfortable trading the "CFTC" is going to make it
    impossible for the "littlle man" to make any any money.
    THANK YOU once again "BIG GOVERNMENT"
    We are a couple that are on Social Security, that the government has taken away our "COLA"
    cost of living allowoance for the next two years 2010 and 2011.
    When will all of this nonsense going stop?
    Brokers of forenign currency exchange allow people to reduce the leverage with mini and macro
    accounts, so what is the need to keep people from using the excisting leverages?
    Phease leave the things the way they are you cannot protect people from themselves,
    responsible persons will do what is right and the IDIOTS will drive headlong off a cliff
    no matter what you do to save them.
    Respectfully Submitted
    Joseph and Nancy Mrstik
    Ft Myers, Florida