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Comment for Proposed Rule 75 FR 3281

  • From: Legal Action
    Organization(s):

    Comment No: 3976
    Date: 1/26/2010

    Comment Text:

    i0-001
    COMMENT
    CL-03976
    From:
    Sent:
    To:
    Cc:
    Subject:
    Legal Action
    Tuesday, January 26, 2010 3:19 AM
    secretary
    aba-usa
    FOREX REGULATION
    Forex Regulation of 10-1 leverage is insane. It will destroy forex business
    for average investors, seriously damage our economy,
    money will go out of the country, cause even more unemployment,
    destroy our country which is in a very difficult situation.
    100-1 is the MINIMUM leverage we should have. European countries
    have 500-1. Learn from them.
    If you change the leverage to 10-1, you will be participating[ating in further
    destruction of our economy and our country.
    DON'T DO IT.
    CC: PRESIDENT OBAMA