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Comment for Proposed Rule 75 FR 3281

  • From: Russell Loomis
    Organization(s):

    Comment No: 2944
    Date: 1/22/2010

    Comment Text:

    i0-001
    COMMENT
    CL-02944
    From:
    Sent:
    To:
    Subject:
    Russell Loomis
    Friday, January 22, 2010 6:24 PM
    secretary
    regulation of retail forex
    I'm writing this email to express my concern over a regulation being
    proposed to limit leverage the US retail forex market. All this will do
    is cause traders to take their capital and trade it with brokers in
    other countries. This regulation will cost the US jobs and encourage
    capital to flee our markets. This will also discourage foreign capital
    from entering are markets. Our goal should be to attract capital to the
    US markets.
    Please reconsider this dangerous legislation.