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Comment for Proposed Rule 75 FR 3281

  • From: Patrick J Counihan
    Organization(s):

    Comment No: 508
    Date: 1/19/2010

    Comment Text:

    i0-001
    COMMENT
    CL-00508
    From:
    Sent:
    To:
    Subject:
    Counihan, Patrick J
    Tuesday, January 19, 2010 11:54 AM
    secretary
    Regulation of Retail Forex
    I am writing to say that I OPPOSE further reduction in leverage to 10:1 from the current 100:1, which has already been
    reduced from higher levels.
    Each individual should be allowed to determine a level of risk appropriate for them.., not the government.
    Again, I strongly oppose further reductions in leverage allowed for retail FOREX trading.
    Thankyou,
    Patrick Counihan
    Chandler, Arizona
    RIN 3038-AC61