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Comment for Proposed Rule 75 FR 3281

  • From: Cliff
    Organization(s):

    Comment No: 2861
    Date: 1/22/2010

    Comment Text:

    i0-001
    COMMENT
    CL-02861
    From:
    Sent:
    To:
    Subject:
    cliff v
    Friday, January 22, 2010 4:43 PM
    secretary
    Regulation to retail forex
    I am a small retail trader, meaning I have a small amount to trade; of which I can afford to lose. I
    am afraid if the leverage changes to 10-1, I will not have the ability to trade efficietly. A trader that
    has more money to lose may not be as affected. Though as a small time trader with small account
    will not survive. Please do not change the leverage. I really enjoy trading Forex, and hope to in the
    future. I am very well aware of the risk involved and am very well informed bye the NFA, CFTC and
    by my forex brokerages. I don't believe changing the leverage 10-1 will help us American traders. It
    will only put our money over seas, where as it is not regulated as well. So please keep our money
    and interest in the United States.
    Thanks Cliff