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Comment for Proposed Rule 75 FR 3281

  • From: Jason Mosbaugh
    Organization(s):

    Comment No: 12
    Date: 1/14/2010

    Comment Text:

    i0-001
    COMMENT
    CL-00012
    From:
    Sent:
    To:
    Subject:
    jason, mosba ug h @fuse. net
    Thursday, January 14, 2010 12:29 PM
    secretary
    Public Comment Form
    Below is the result of your feedback form. It was submitted by
    (jason.mosbaugh@fuse.net) on Thursday, January 14, 2010 at 12:28:55
    commenter_subject: Reduced leverage in retail forex customer accounts
    commenter_frdate: 1/13/2010
    commenter_frpage: 5772-10
    commenter_comments: This is a terrible idea. Lowering permitted
    leverage has a unbalanced effect against the small
    trader in favor of the large institutions. It is
    not the morn and pop traders that are responsible
    for what some call "excessive currency movements".
    This regulation will stiffle small buisness by
    making small scale trading unprofitablewhile
    failing to accomplish its intended measure.
    commenter_name: Jason Mosbaugh
    commenter_addressl: 1824 Helens Way
    commenter_city: New Richmond
    commenter_state: Ohio
    commenter_zip: 45157

AttachmentEdit
CL-00012.pdf