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Comment for Proposed Rule 75 FR 3281

  • From: Kerry Drake
    Organization(s):

    Comment No: 4133
    Date: 1/26/2010

    Comment Text:

    i0-001
    COMMENT
    CL-04133
    From:
    Sent:
    To:
    Subject:
    Kerry Drake
    Tuesday, January 26, 2010 6:44 PM
    secretary
    "Regulation of Retail Forex"
    "Regulation of Retail Forex" 100 to 1 leverage is low enough, 10 to 1 leverage will cause the little guy to lose
    more often because he will be under funded and for the high pip spread we are paying dearly for, the pip spread
    should give us back something in return for that and it would be the leverage we can borrow from the broker to
    trade against.
    Kerry Drake