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Comment for Proposed Rule 75 FR 3281

  • From: Frank Luksic
    Organization(s):

    Comment No: 4019
    Date: 1/26/2010

    Comment Text:

    i0-001
    COMMENT
    CL-04019
    From:
    Sent:
    To:
    Subject:
    Frank Luksic
    Tuesday, January 26, 2010 9:26 AM
    secretary
    identification number RIN 3038-AC61
    Dear Sirs,
    With reference to the new proposed 'Regulation of Retail Forex' (identification number RIN 3038-
    AC61) specifically the change in leverage.
    This measure is unnecessary and will certainly kill the USA forex market. As I am an international
    investor I choose to invest my money within US brokers and the USA. Unfortunately if RIN 3038-
    AC61 were to become active I (and millions of other customers) will be forced to completely
    remove funds and reallocate all moneys to foreign countries like Great Britain, Switzerland and
    Singapore. This would have an extreme negative effect on the US currency market and not to
    mention the economic effect.
    I strongly urge you abandon this deeply unpopular proposal.
    Regards,
    Frank Luksic