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Comment for Proposed Rule 75 FR 3281

  • From: Todd G Glenn
    Organization(s):

    Comment No: 4268
    Date: 1/27/2010

    Comment Text:

    i0-001
    COMMENT
    CL-04268
    From:
    Sent:
    To:
    Subject:
    Todd G Glenn
    Wednesday, January 27, 2010 2:49 PM
    secretary
    Regulation of Retail Forex
    Dear CFTC/NFA:
    I trade the retail Forex market with a US based brokerage. If you lower
    the current leverage for my trading account as you propose (RIN 3038-AC61),
    you will force me to leave the US brokerage and find a European based
    broker with more favorable leverage terms. I believe in this current
    economic time, we shouldn't make it any more difficult to do business with
    US based companies and employers. I urge you not to change the current
    leverage requirements.
    Thank you.
    Todd Glenn