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Comment for Proposed Rule 75 FR 3281

  • From: Klint Stanley
    Organization(s):

    Comment No: 4437
    Date: 1/29/2010

    Comment Text:

    io-ooi
    COMMENT
    CL-04437
    From:
    Sent:
    To:
    Subject:
    Klint Stanley
    Friday, January 29, 2010 10:17 AM
    secretary
    Regulation of Retail Forex, Identification number RIN 3038-AC61
    I am sending this email to voice my displeasure regarding the proposed changes to the leverage amounts
    I can use as a retail forex trader. The massive changes you are proposing, changing leverage amounts
    from 100:1 to 10:1 on major pairs will severely dampen most retail investors ability to trade currencies
    and make currency trading the realm of only the large banks and hedge funds. Please do not institute
    these changes as it will severely hurt my ability to make a living doing this. Thank you.
    Very truly,
    Klint Stanley