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Comment for Proposed Rule 75 FR 3281

  • From: David Higbee
    Organization(s):

    Comment No: 557
    Date: 1/19/2010

    Comment Text:

    i0-001
    COMMENT
    CL-00557
    From:
    Sent:
    To:
    Subject:
    David Higbee
    Tuesday, January 19, 2010 11:49 AM
    secretary
    Regulation of Retail Forex
    I'm voicing my concern that reducing leverage of US Brokers for Retail Forex would simply shift speculative
    trading to brokers that do not operate in the U.S.
    Considering the risk in the Forex market the limitations to leverage would make this a much less attractive
    investment tool in relation to Options trading. Please consider what the actions will be in the market should US
    Brokers be restricted in the leverage that may be provided.
    Thank you for your consideration,
    David Higbee
    [email protected]
    [email protected]
    344 Graystone Road
    Burleson, TX 76028
    817-800-6624