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Comment for Proposed Rule 75 FR 3281

  • From: Steve Dayer
    Organization(s):

    Comment No: 4014
    Date: 1/26/2010

    Comment Text:

    i0-001
    COMMENT
    CL-04014
    From:
    Sent:
    To:
    Subject:
    Steve Dayer
    Tuesday, January 26, 2010 9:13 AM
    secretary
    Regulation of Retail Forex
    Hello
    As a Retail Forex trader I object to the proposed changes of the rules governing Off-Exchange Retail Forex
    trading activity.
    Specifically the proposal to change leverage from 100:1 to 10:1 max, the CFTC is limiting our potential returns.
    This affects all of us 'home' traders, leverage affects the amount of volume we can trade, it is eliminating our
    choice to make our own decisions regarding how we trade.
    I object to the proposed changes.
    Steve Dayer