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Comment for Proposed Rule 75 FR 3281

  • From: Andrew Brown
    Organization(s):

    Comment No: 2541
    Date: 1/22/2010

    Comment Text:

    i0-001
    COMMENT
    CL-02541
    From:
    Sent:
    To:
    Subject:
    Andrew Brown
    Friday, January 22, 2010 9:17 AM
    secretary
    Retail Forex Trading
    Dear Sir/Madam
    I am writing to you to object to any plans you may have to bring in measures to control the Leverage that brokers
    offer in the Forex Market. Traders like myself are reliant on this type of leverage that brokers offer,
    Why...well because most traders like me have limited account sizes. So to enable me to trade at a worthwhile and
    sensible level, Leverage is essential.
    It would also go a long way to preventing new traders from entering the market as account deposits would have
    to rise, this would ruin a very exciting industry.
    Regards
    Mr Brown