Comment for Proposed Rule 75 FR 3281
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From:
John Welch
Organization(s):
Comment No:
2431
Date:
1/22/2010
Comment Text:
i0-001
COMMENT
CL-02431
From:
Sent:
To:
Subject:
John Welch
Friday, January 22, 2010 2:59 AM
secretary
Regulation of Retail Forex
Sir:
RE:
RIN
3038-AC61
Over and over we hear the administration/government representatives claim they want a strong dollar.
Then CFTC thinks changing leverage in US accounts is a good idea. Don't you realize this only drives
US dollars overseas and out of the country thus weakening the dollar even more? My money left when
NFA went to FIFO and 100:1 leverage. Now you want to go to 10:1. What are you people thinking?
Sincerely,
John Welch
