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Comment for Proposed Rule 75 FR 3281

  • From: Bob Harrison
    Organization(s):

    Comment No: 6250
    Date: 3/5/2010

    Comment Text:

    i0-001
    COMMENT
    CL-06250
    From:
    Sent:
    To:
    Subject:
    Bob Harrison
    Friday, March 5, 2010 2:38 PM
    secretary
    leveraage
    I
    am sorry to say this, and I hope you do not take umbrage with it.
    BUT, REDUCING THE LEVERAGE TO 10-1 IN THE FOREX IS EXTREMELY DUMB.
    The result is that many, if not most will take their account offshore,
    resulting in the loss of jobs here in the US. It will also drastically
    reduce the income of both professional and part-time traders. In turn,
    that will reduce the amount of taxes they pay.
    Please consider this and do not change it.
    Thanks
    [email protected]