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Comment for Proposed Rule 75 FR 3281

  • From: John Lemkins
    Organization(s):

    Comment No: 5798
    Date: 3/3/2010

    Comment Text:

    i0-001
    COMMENT
    CL-05798
    From:
    Sent:
    To:
    Subject:
    John Lemkins
    Wednesday, March 3, 2010 9:04 PM
    secretary
    Regulation of Retail Forex
    I strongly oppose a leverage cap of 10:1. Such a leverage cap will delay my retirement and force me out of
    trading retail forex for a living. Will you help me get a job in this economy? Hey, quit impacting the small guys
    and start regulating big institutions on Wall Street. If you would have done your jobs with more diligence, our
    predicament would have been lessened. This is exactly the type of knee jerk reaction we do not need. I
    vehemently oppose your proposed leverage changes.