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Comment for Proposed Rule 75 FR 3281

  • From: David Senechalle
    Organization(s):

    Comment No: 5933
    Date: 3/4/2010

    Comment Text:

    io-ooi
    COMMENT
    CL-05933
    From:
    Sent:
    To:
    Subject:
    D. Senechalle
    Thursday, March 4, 2010 7:58 AM
    secretary
    Regulation of Retail Forex
    Hello,
    This email is in reference to your proposed rule change that would restrict leverage on Forex trading to 10:1.
    Such a rule change would completely destroy my Forex trading business. Leverages much greater than 10:1 are
    necessary. Obviously, I am strongly opposed to your proposed change. On the other hand, I doubt that the you
    will be much influence by the opinions or interests of the traders.
    David Senechalle
    Forex Trader