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Comment for Proposed Rule 75 FR 3281

  • From: Ronald Frazier
    Organization(s):

    Comment No: 1245
    Date: 1/20/2010

    Comment Text:

    i0-001
    COMMENT
    CL-01245
    From:
    Sent:
    To:
    Subject:
    RON FRAZIER
    Wednesday, January 20, 2010 9:58 PM
    secretary < secretary@ C FTC. g ov >
    Regulation of Retail Forex
    ID#RIN 3038-AC61
    Dear Sir or Madam,
    I have been a retail forex trader for several years now and I am against changing the leverage requirement to
    1:10. I feel that a leverage of 1:100 is entirely appropriate due to the very small daily fluctuations in currencies
    (fractions of a cent)
    Thanks for your attention,
    Ronald Frazier