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Comment for Proposed Rule 75 FR 3281

  • From: Doyle Culp
    Organization(s):

    Comment No: 1311
    Date: 1/20/2010

    Comment Text:

    i0-001
    COMMENT
    CL-01311
    From:
    Sent:
    To:
    Subject:
    Doyle Culp
    Wednesday, January 20, 2010 10:33 PM
    secretary
    Regulation of Reatil Forex--RIN 3038-AC61
    Hello,
    I am very concerned about the fact of you wanting to change forex leverage for retail forex
    traders to only 10:1. We are very capable of knowing how to manage our accounts and our
    risk in trading forex. You have messed up things bad enough already by the first in first out
    rule change. That is more inconvenient and has cost me money because of the complication
    of that ruling. I went to a different broker that was overseas because of that. You just don't
    want anybody to make money?? This is nothing short of pure communism. You are without a
    doubt, part of the problem and not part of the solution. You are hurting business in this country
    and sending it all out of the country. Maybe that's your plan---it seems to be. Leave it alone.
    Doyle Culp
    4 year currency trader