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Comment for Proposed Rule 75 FR 3281

  • From: Steve Hartunian
    Organization(s):
    Empire Investments LLC

    Comment No: 2145
    Date: 1/21/2010

    Comment Text:

    i0-001
    COMMENT
    CL-02145
    From:
    Sent:
    To:
    Subject:
    Steve hartunian
    Thursday, January 21, 2010 7:31 PM
    secretary
    Over Reaching Conrols
    The U.S. Commodity Futures Trading Commission (CFTC) announced on January 13, 2010 that it is seeking public comment
    on proposed regulations concerning retail forex trading.
    As part of the proposed regulations, "leverage in retail forex customer accounts would be subject to a 10-to-1 limitation,"
    which means 10:1 leverage would be the maximum amount allowed for forex traders in the U.S.
    HOW WOULD THE PROPOSED CHANGE AFFECT YOU?
    This would be ridiculous and as a result of this proposed change, I would stop trading.
    Steve Hartunian
    Empire Investments, LLC
    1801 Century Park East, Suite 2400
    Century City, CA 90067-3113
    P: 310-552-0004
    F: 310-459-8727
    [email protected]