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Comment for Proposed Rule 75 FR 3281

  • From: M Bunin
    Organization(s):

    Comment No: 2844
    Date: 1/22/2010

    Comment Text:

    i0-001
    COMMENT
    CL-02844
    From:
    Sent:
    To:
    Subject:
    m b
    Friday, January 22, 2010 4:23 PM
    secretary
    Regulation of Retail Forex; RIN 3038-AC61
    Re: R1N 3038-AC61
    To whom it may concern:
    Hi, I am very much for protection and angainst fraud.
    With that, I strongly object forcing too much margins on retail Forex trades. We live in a free country
    and I believe people should be made responsible fot their actions. I had a chance to live in USSR,
    "country of socialism's victory". Enough. Too much intervention will hurt everyone, as it clearly seen
    from the history. This is idea is certainly over the border. The dealing centers already have sefaguards in
    place to deal with unexpected market fluctuations to protect parties involved. Margin level
    should be
    left up to the traders to elect.
    Thanks!
    M. Bunin,
    Chicago