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Comment for Proposed Rule 75 FR 3281

  • From: Damon Liebscher
    Organization(s):

    Comment No: 1028
    Date: 1/20/2010

    Comment Text:

    i0-001
    COMMENT
    CL-01028
    From:
    Sent:
    To:
    Subject:
    damon@freedomreallyrocks, com
    Wednesday, January 20, 2010 4:29 PM
    secretary
    Public Comment Form
    Below is the result of your feedback form. It was submitted by
    ([email protected]) on Wednesday, January 20, 2010 at 16:28:59
    commenter_subject: 10:1 Leverage
    commenter frdate: Jan 20th, 2010
    commenter_frpage: 75 FR 3281
    commenter_comments: It seems that a straight across the boar 10:1
    mandatory leverage for Forex Trading is going to
    hurt tke industry here in the U. S>
    I understand that you have things you are trying to
    protect traders from, but please ask yourself
    seriously if this rule will help you reach your
    goals? I think you have anotker think coming quite
    honestly.
    I does not take a genious to see that this will
    send more money out of the country, cost jobs and
    does nothing to combat fraud within the industry.
    I believe you will find lkis to be very unpopular
    and indeed will hurt the industry more than it will
    help it.
    Thank You .....
    commenter name: Damon Liebscher
    commenter withhold address on: ON
    commenter_addressl 1235 Tyson Rd
    commenter_city: Eagle River
    commenter state: WI
    commenter_zip: 54521
    commenter~ohone: 715-479-6490