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Comment for Proposed Rule 75 FR 3281

  • From: Noel Hudson
    Organization(s):

    Comment No: 2053
    Date: 1/21/2010

    Comment Text:

    i0-001
    COMMENT
    CL-02053
    From:
    Sent:
    To:
    Subject:
    Noel Hudson
    Thursday, January 21, 2010 5:59 PM
    secretary
    'Regulation of Retail Forex'
    Mr. David Stawick, Sec.
    Commodity Futures Trading Commission
    1155
    21 st Street, N.W.
    Washington, DC 20581
    re: RIN 3038-AC61
    Dear Mr. Secretary,
    In regard to the proposed change of retail forex leverage, as a current forex trader, I would implore you
    and your office to please refrain from changing the mandatory leverage requirements of your proposal.
    The forex market provides great opportunity for individuals such as myself that have recently been
    forced to find new ways to make a living due to the unprecedented nature of our current economy. By
    mandating stricter leverage requirements, you are in turn imposing an obstacle that will limit opportunity
    and lengthening recovery for many families, as well as stifiling the capitalistic freedoms that have
    made our country the most prosporous nation.
    Thank you for your time and for considering my point of view.
    respectfully,
    Noel Hudson
    [email protected]