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Comment for Proposed Rule 75 FR 3281

  • From: Debra Soukup
    Organization(s):

    Comment No: 1985
    Date: 1/21/2010

    Comment Text:

    i0-001
    COMMENT
    CL-01985
    From:
    Sent:
    To:
    Cc:
    Subject:
    Steve & Debra Soukup
    Thursday, January 21, 2010 4:42 PM
    secretary
    'John C. Bousman'
    Regulation of Retail Forex
    Dear Sir or Madam,
    I understand that the CFTC is making an attempt to reduce the leverage that retail FOFIEX traders will be able to
    use in the United States with regulated FOFIEX brokers. Under the proposed legislation, the 100:1 leverage
    FOFIEX brokers allow retail customers would be reduced to 10:1.
    This would make my participation in trading in the FOFIEX impossible and deny me the ability to trade from an
    intraday and longer term time frame.
    I am not in favor of this measure and hope that the CFTC will reconsider its proposed changes.
    Thank you.
    Debra Soukup, member, LA Pips
    15459 Wyandotte St.
    Van Nuys, CA 91406
    soukups@earthlink, net
    818-781-9262