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Comment for Proposed Rule 75 FR 3281

  • From: Raj Dave
    Organization(s):

    Comment No: 6280
    Date: 3/5/2010

    Comment Text:

    i0-001
    COMMENT
    CL-06280
    From:
    Sent:
    To:
    Subject:
    Raj Dave
    Friday, March 5, 2010 4:27 PM
    secretary
    Forex leverage limits
    Dear secretary,
    As a retail investor I strongly oppose any Contemplated actions
    regarding a decrease in Leverage limits on foreign exhange trades
    conducted by retail investors.
    While the objectives might be noble, they assume retail investors are
    less sophisticated and naive.
    In the age of light speed communication, information us available to
    all investors alike - retail and institutional - reducing the
    information advantage that institutional investors may have had 20
    years ago.
    Pls reconsider. Thank you.
    Sincerely,
    Raj Dave
    Sent from my iPhone