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Comment for Proposed Rule 75 FR 3281

  • From: Carol
    Organization(s):

    Comment No: 2598
    Date: 1/22/2010

    Comment Text:

    i0-001
    COMMENT
    CL-02598
    From:
    Sent:
    To:
    Subject:
    Carol

    Friday, January 22, 2010 10:39 AM
    secretary
    Regulation of Retail Forex
    I understand you have a proposal to reduce the max allowable leverage
    for US based forex brokers to 10:1.
    Please do this only if you intend to shut down all forex trading in the
    United States, and redirect all forex trading business to European and
    other foreign destinations. Of course then you have no more jurisdiction
    to make further changes in the name of security, safety or whatever.
    My current broker is MB Trading, a US broker, and I don't want that to
    change, so please don't force me to do so. I certainly will if this
    regulation goes into effect.
    Thank you,
    Carol