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Comment for Proposed Rule 75 FR 3281

  • From: Michael DelToro
    Organization(s):

    Comment No: 6285
    Date: 3/5/2010

    Comment Text:

    i0-001
    COMMENT
    CL-06285
    From:
    Sent:
    To:
    Subject:
    Lic. Michael Del Toro Navarro
    Friday, March 5, 2010 5:10 PM
    secretary
    REGULATION OF RETAIL FOREX
    REGULATION OF RETAIL FOREX
    RIN 3038-AC61
    SOME MONTHS AGO YOU REDUCED THE LEVERAGE FROM 400:1 TO 100:1
    REDUCING THE RISK, BUT ALSO THE OPPORTUNITY TO 25%
    NOW YOU WANT TO REDUCE IT FRO 100:1 TO 10:1
    REDUCING THE RISK, BUT ALSO THE OPPORTUNITY TO 10%
    SO PRACTICALLY IT MIGHT BE REDUCED FROM 400:1 TO 10:1
    REDUCING THE RISK, BUT ALSO THE OPPORTUNITY TO 2.5 %
    CONGRATULATIONS
    IT IS A VERY GOOD WAY TO MAKE FOREX ONLY FOR THE "ELITE"
    ALSO IT IS THE BEST WAY TO GET RID OF THE RETAIL TRADER
    BUT THE RETAIL TRADER WILL LOOK FOR OPPORTUNITIES IN OTHER COUNTRIES
    AND WILL TAKE HIS MONEY TO WORK OUTSIDE OF OUR COUNTRY
    DOES THE ECONOMY IN OUR COUNTRY NEEDS OUR SUPPORT?
    IF DON'T, IT'S OK... WE WILL TRY TO BUILD OUR WEALTH OVERSEAS,
    HELPING OURSELVES AND OTHER COUNTRIES, INSTEAD OF OUR OWN COUNTRY
    ARE YOU TRYING TO GET RID OF THE RETAIL TRADER, FOR THE BENEFIT OF
    OTHERS? OR MAYBE YOURSELVES?
    IT IS THE WAY IT LOOKS
    Sincerely,
    Michael Del Toro
    Forex Trader