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Comment for Proposed Rule 75 FR 3281

  • From: Bruce Becker
    Organization(s):

    Comment No: 2881
    Date: 1/22/2010

    Comment Text:

    i0-001
    COMMENT
    CL-02881
    From:
    Sent:
    To:
    Subject:
    Bruce B ecker
    Friday, January 22, 2010 5:18 PM
    secretary
    Regulation of Retail Forex
    Dear sirs: The proposed rule changes in RIN 3038-AC61 will have the effect of squeezing the smaller players
    out of the commodities and foreign exchanges market while doing very little to decrease volatility and
    speculation in these markets. There is no evidence that requiring a lower margin ratio will decrease
    volatility. This is really nothing more than a regressive, anti-free trade policy.