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Comment for Proposed Rule 75 FR 3281

  • From: Ryan Rybarczyk
    Organization(s):

    Comment No: 440
    Date: 1/19/2010

    Comment Text:

    i0-001
    COMMENT
    CL-00440
    From:
    Sent:
    To:
    Subject:
    Ryan Rybarczyk
    Tuesday, January 19, 2010 10:11 AM
    secretary
    Regulation of Retail Forex
    Dear Secretary David Stawick,
    As to the proposed leverage change for the retail Forex market in the US I am personally outraged. This can only be seen as
    a move to completely destroy the ability of low level traders to make a significant profit. I understand the US dollar is under
    pressure but to raise the margin requirements to these levels is ridiculous. What ever happened to freedom of choice. If this
    proposal were to be accepted it would show the international community that we as American's no longer believe in the
    strength of our currency.
    Sincerely,
    Ryan Rybarczyk