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Comment for Proposed Rule 75 FR 3281

  • From: Alan Handley
    Organization(s):

    Comment No: 1784
    Date: 1/21/2010

    Comment Text:

    i0-001
    COMMENT
    CL-01784
    From:
    Sent:
    To:
    Subject:
    Alien 4x <[email protected]>
    Thursday, January 21, 2010 11:50 AM
    secretary
    Regulation of Retail Forex
    To whom it may concern:
    RE: RIN 3038-AC61
    I have just heard about the proposed limitation of 10:1 leverage in forex accounts, & I am appalled to say the least! PLEASE
    DO
    NOT
    DO THIS!!! You're killing us with all these new regulations. Your efforts should be on regulating brokers (mandating
    their capital requirements - good). But keep your hands off of our trading methods & leverage (no hedging, FIFO, & less than
    100:1 leverage - BAD).
    Alan & Sharron Handley
    813.689.4468
    1707 Main St.
    Valrico, FL
    33594