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Comment for Proposed Rule 75 FR 3281

  • From: Darrin
    Organization(s):

    Comment No: 1818
    Date: 1/21/2010

    Comment Text:

    i0-001
    COMMENT
    CL-01818
    From:
    Sent:
    To:
    Subject:
    [email protected]
    Thursday, January 21, 2010 12:43 PM
    secretary
    'Regulation of Retail Forex'
    Hi,
    I have been trading forex for 14 years and moving up the leverage is a big mistake. Forex is so liquid that there
    is no reason to change the leverage, and small investors will not be able to trade the markets. Another thing is
    that unlike other products, (futures) forex most brokerages limit the amount that you can loose. You can't loose
    or owe more then what is in your account, so you are protected. Forex makes so little moves having the extra
    leverage gives it returns on your investment similar to other investments.
    Please don't mess with something that is really important to forex investors!
    Darrin
    RIN 3038-AC61