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Comment for Proposed Rule 75 FR 3281

  • From: Andre Tulicki
    Organization(s):

    Comment No: 1065
    Date: 1/20/2010

    Comment Text:

    i0-001
    COMMENT
    CL-01065
    From:
    Sent:
    To:
    Subject:
    Andre Tulicki
    Wednesday, January 20, 2010 5:23 PM
    secretary
    'Regulation of Retail Forex'
    ID: RIN 3038-AC61
    Mr. David Stawick
    Your proposal of 10:1 leverage is ununderstandable,
    lacking basic common sense, principals of market and
    simply unconstitutional. Since I am using my own
    money and not yours, it is totally my decision what
    leverage I am willing to use. You cannot impose this on
    traders but only offer it as an option. Eg. Anyone can
    choose any leverage between 200 and 10.
    Finally, especially now, when the President promised
    take care of the "Main Street" and give better
    opportunities to the regular folks, you are favoring the
    deep pockets from Wall Street giving them again
    exclusive privilege.
    In the United States we need decision makers with
    great knowledge of particular issue and work for all
    people.
    DON[]T DO IT. Please.
    Sincerely
    to
    the
    Andre Tulicki