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Comment for Proposed Rule 75 FR 3281

  • From: Jerry Whitman
    Organization(s):

    Comment No: 3577
    Date: 1/24/2010

    Comment Text:

    i0-001
    COMMENT
    CL-03577
    From:
    Sent:
    To:
    Subject:
    [email protected]
    Sunday, January 24, 2010 5:28 PM
    secretary
    Regulation of Retail Forex
    To Whom It May Concern,
    I understand the desire to regulate the Forex Market in general but do not see the it to be prudent to reduce the
    leverage. The current leverage can be easily handled with proper money management of your Forex account.
    To reduce it any further would put U.S. citizens at a disadvantage compared to the rest of the world. Also most
    individuals would probably just open a foreign account to get around the problem.
    Thanks,
    Jerry Whitman
    [email protected]