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Comment for Proposed Rule 75 FR 3281

  • From: Kyle Hinchcliff
    Organization(s):

    Comment No: 1062
    Date: 1/20/2010

    Comment Text:

    i0-001
    COMMENT
    CL-01062
    From:
    Sent:
    To:
    Subject:
    Kyle Hinchcliff
    Wednesday, January 20, 2010 5:17 PM
    secretary < secretary@ C FTC. g ov >
    Regulation of Retail Forex
    RIN 3038-AC61
    I believe that the proposed "10-to-1 limitation" is unnecessary and should be swatted down. The
    current regulations are sufficient. The new limitations would place too great a capital burden on
    potential new investors, and take away freedoms from current investors with large accounts. It is
    the responsibility of the individual to manage his or her own risk, not the CFTC's.
    Thank you,
    Kyle Hinchcliff
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