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Comment for Proposed Rule 75 FR 3281

  • From: Helen Cleaves
    Organization(s):

    Comment No: 1093
    Date: 1/20/2010

    Comment Text:

    i0-001
    COMMENT
    CL-01093
    From:
    Sent:
    To:
    Subject:
    [email protected]
    Wednesday, January 20, 2010 6:31 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 18:31:07
    commenter_subject: Proposed Regulation of Retail Forex Accounts
    commenter_frdate: January 13, 2010
    commenter_frpage: 5772-10
    commenter_comments: I am opposed to the proposed regulation limiting
    leverage of retail customer accounts to 10:1. This
    would not guarantee honesty, transparency, nor
    accessibility to all traders. These attributes are
    the hallmarks of forex trading and are sorely
    lacking in other investment markets. I have been a
    student of the forex for over five years. My goal
    as a trader is to finance my children's education.
    The proposed reduction in leverage will severely
    restrict my trading. I may be forced to move my
    account overseas.
    commenter name: Helen Cleaves
    commenter withhold address on: ON
    commenter addressl: 4001 Indian Summer Dr SE
    commenter_city: Olympia
    commenter state: WA
    commenter_zip: 98513
    commenter~hone: 360 292-5397