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Comment for Proposed Rule 75 FR 3281

  • From: Raymond S Robbins
    Organization(s):

    Comment No: 3396
    Date: 1/23/2010

    Comment Text:

    i0-001
    COMMENT
    CL-03396
    From:
    Sent:
    To:
    Subject:
    Raymond Robbins
    Saturday, January 23, 2010 8:59 PM
    secreta ry < secreta ry@ C FTC. g ov >
    Proposed Regulations to Retail FOREX
    To whom it may concern,
    As a small trader who has had some success with FOREX as supplemental
    income to my ever diminishing income from my job, I STRONGLY urge that there be a no further
    limit to leverage to 1:10. 1:100 leverage is a FAIR and BO-I-I-OM LINE limitation. Further
    limitations and restrictions would cause more traders like myself to go overseas. This is a SERIOUS
    mistake if allowed to happen. Our FREE ENTERPRISE is in jeopardy by a government that wants to
    limit how much an individual can make can make with his/her investments. All responsible traders
    should know their risks before investing WITHOUT the governments "help" and "coaching". Please
    say "NO!" 1:10 leverage is a BAD IDEA! NO MORE GOVERNMENT INTERVENTION!
    Thank you for your time,
    R Scott Robbins
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