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Speak Out Against Proposed CFTC Leverage Change to 10-1 for all US Brokers.

  • #21
  • Mar 9, 2010 9:20am Mar 9, 2010 9:20am
http://ibcoalition.org
  • #22
  • Mar 11, 2010 4:08am Mar 11, 2010 4:08am
I just sent em my 5th letter.


When it rains it pours. Lets give them the blizzard of the century!


11 DAYS LEFT PEOPLE.... DOGPILE ON THE RABBIT!!!


send your comments to:

[color=#22229c][email protected][/color]

Put "Regulation of Retail Forex" in subject header.


start your letter off with this:

David Stawick,
Secretary, Commodity Futures Trading Commission,
1155 21st Street, N.W.,
Washington, DC 20581.

RE: RIN 3038-AC61

Dear Mr. Stawick,
  • #23
  • Mar 11, 2010 9:02am Mar 11, 2010 9:02am
Look at the picture below it was taken off the comments from the forex leverage proposal. It is a comment from Senator Orin Hatch from Utah. Interesting that a senator gets in the mix, but for some reason I cannot see what the comment was, has anyone had better luck seeing the comment and what it was about?
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  • #24
  • Mar 11, 2010 10:45am Mar 11, 2010 10:45am
Quoting ranger
Look at the picture below it was taken off the comments from the forex leverage proposal. It is a comment from Senator Orin Hatch from Utah. Interesting that a senator gets in the mix, but for some reason I cannot see what the comment was, has anyone had better luck seeing the comment and what it was about?
http://cdn.forexfactory.com/attachme...8&d=1266343460

I got a quick look at it. Hatch told CFTC to buzz off on 10 to 1 leverage!
  • #25
  • Mar 11, 2010 11:22am Mar 11, 2010 11:22am
Quoting sullyforex

I got a quick look at it. Hatch told CFTC to buzz off on 10 to 1 leverage!
If you don't mind, I would like to follow this information also. How do you access that information?
  • #26
  • Mar 11, 2010 12:23pm Mar 11, 2010 12:23pm
  •  onu
  • | Joined Feb 2006 | Status: superior senior member | 746 Posts
http://www.cftc.gov/ucm/groups/publi...10-001c172.pdf




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http://www.myfxbook.com/members/pc8multifx
  • #27
  • Last Post: Mar 11, 2010 10:11pm Mar 11, 2010 10:11pm
I made Sen. Hatch aware of this issue (as I'm sure others in my state did as well) in the email I wrote on Feb 6th. http://cftc.gov/ucm/groups/public/@f...10-001c125.pdf mine is the last of the bunch.

I haven't agreed with everything Sen. Hatch has represented on my behalf, but I'm thankful that he took time to make this attempt. His office called my house today to discuss the issue, but I wasn't there to take the call.

I encourage you to copy your senators and representatives on your correspondence with the CFTC. Perhaps we can ACTUALLY affect some change here.
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