I am sure he probably didn't mean it in a racist way. It's just that the way he was making his advance on me kind of caught me off guard. I kind of should've expected something like this because he's been leering and ogling at me all semester. I just wasn't sure if he would be that evasive and thought he would be more ethical than to risk his job making a pass at a student.
As he was touching me I really didn't know how to react and really couldn't think think straight. I was a little scared but managed to remain composed because I know overreacting is never in the victim's best interest.
As he was touching me I got really scared and nervous because I didn't know just how far he was going to take this. My primary thought was "get out of this alive."
Worst case scenario: he is touching me and somehow finds out that I am transgender, which would anger him to the point where he hurts me really bad, rapes me, or worse yet kill me. So me telling him was kind of a warning in the way of: "You do know the female student who you, the TEACHER, are INAPPROPRIATELY TOUCHING is transgender, right?"
Lastly, I did say in the OP that I didn't want to quit the class because it's almost over anyway and it's far too late to switch to a new class. As far as reporting him goes, I did file a written compliant against this professor, outlining what he did to me. A female security guard did talk to me one on one to discuss this and she assured me that they will take care of this situation and that was that.
For all I know they could've did nothing at all which us highly likely because after all I have no physical evidence that he touched me, just me saying that he did. Plus, this creep is still looking at me in a sexual way and it's starting to make me feel sick to my stomach.