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Comment for Proposed Rule 75 FR 3281

  • From: Mark Renfro
    Organization(s):

    Comment No: 3958
    Date: 1/26/2010

    Comment Text:

    i0-001
    COMMENT
    CL-03958
    From:
    Sent:
    To:
    Subject:
    Mark & Karen Renfro
    Tuesday, January 26, 2010 12:58 AM
    secretary
    Regulations of Retail Forex
    In your proposed regulation, leverage in retail forex customer accounts
    being subject to a 10-to-1 limitation. The regulation is unnecessary,
    this action would make it very difficult for individual investors
    to take part in this market. As someone who is trading this market as
    an individual, if these limitations
    were in place when I started three years ago I would have been unable to
    participate. Please reconsider this proposal and leave the leverage
    requirements at current 100-to- 1.
    Thank You
    Mark Renfro
    [email protected]