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Comment for Proposed Rule 75 FR 3281

  • From: Carlos Perez
    Organization(s):

    Comment No: 3152
    Date: 1/23/2010

    Comment Text:

    i0-001
    COMMENT
    CL-03152
    From:
    Sent:
    To:
    Subject:
    Carlos Perez
    Saturday, January 23, 2010 6:48 AM
    secretary
    Regulation of Retail Forex
    Hello,
    I believe this "consumer protection" attempt will just accelerate the flow of money out
    of the USA, because people will always find ways around regulations that certainly do
    not favor them, plus, this will surely scare away those thousands of non U.S. citizens
    who felt attracted to doing business with our brokers.
    Investing involves voluntary risks, that the individual must have the freedom to
    choose. Let us make our own decisions, do our own thinking. In the mean
    time, credit card companies and others still get to leverage interests to astronomical
    highs.
    Current leverage of 100:1 is more than reasonable.
    Thank You.