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Comment for Proposed Rule 75 FR 3281

  • From: Richard DeRose
    Organization(s):

    Comment No: 1775
    Date: 1/21/2010

    Comment Text:

    i0-001
    COMMENT
    CL-01775
    From:
    Sent:
    To:
    Subject:
    Dick De Rose
    Thursday, January 21, 2010 11:41 AM
    secretary
    Re: 'Regulation of Retail Forex' RIN 3038-AC61
    Dear Secretary:
    I've just been informed of the proposed regulation, which as I understand it, states: "leverage in retail Forex
    customer accounts would be subject to a lO-to-1 limitation," meaning
    I would be allowed a maximum leverage amount of 10:1 Forex traders in the U.S.
    Without being disrespectful, when will government people finally stay out of private individuals business.
    Whether, as a result of leverage, I make a fortune of lose my home, what
    business is that of yours?
    This is just another example of government's attempt to further control the actions and lives of individuals and, I
    VEHEMENTLY OBJECT TO SUCH NEEDLESS, SENSELESS REGULATION!!!
    Please do your job, whatever that may be that we tax payers are funding, and stay out of my life and my
    decisions affecting my investments.
    Thank you from a very upset citizen and US taxpayer,
    Richard De Rose
    [email protected]
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