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Comment for Proposed Rule 75 FR 3281

  • From: Ronald Theese
    Organization(s):

    Comment No: 3709
    Date: 1/25/2010

    Comment Text:

    i0-001
    COMMENT
    CL-03709
    From:
    Sent:
    To:
    Subject:
    Ronald
    Theese
    Monday, January 25, 2010 6:20 AM
    secretary
    Regulation of Retail Forex
    Mr. Secretary,
    It has come to my attention that new rules and/or regulations are being proposed that would limit the amount of leverage
    offered by brokers in the Forex market to 10:1.
    If this rule is implemented, it would severely impact my and my family's livelihood and life style. I presently trade in the
    Forex market and do fairly well but I do not have the free capital to deposit with my broker that would have to be ten times
    my current balance in order to continue trading as I have been.
    Please reconsider these proposals and allow me to continue to trade as I have been.
    Sincerely,
    Ronald Theese
    [email protected]