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Comment for Proposed Rule 75 FR 3281

  • From: Jorgos Korres
    Organization(s):

    Comment No: 6254
    Date: 3/5/2010

    Comment Text:

    i0-001
    COMMENT
    CL-06254
    From:
    Sent:
    To:
    Subject:
    jorgos korres
    Friday, March 5, 2010 2:45 PM
    secreta ry < secreta ry@ C FTC. g ov >
    Regulation of Retail Forex
    Jorgos Korres
    Oude Koornmarkt 48
    2000 Antwerp
    Belgium
    David Stawick, Secretary
    Commodity Futures Trading Commission
    1155 21st Street, N.W.,
    Washington, DC 20581
    Subject: oppose the proposed leverage change from 100:1 to 10:1
    5th march 2010
    Dear Sir
    I read about the proposal from the CFTC to reduce the available leverage from 100:1 to 10:1 in
    the magazine 'currency trader' and an email from Forex.com.
    I want to express my disappointment about this with this letter.
    I hope that the leverage will not be reduced because else I would need 10 times more money to
    trade.
    I also hope that my letter together with those of all the other traders can convince the CFTC not to
    push true the proposal.
    Thank you in advance
    Yours sincerely,
    Jorgos Korres
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