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Comment for Proposed Rule 75 FR 3281

  • From: Max Idzik
    Organization(s):

    Comment No: 7441
    Date: 3/14/2010

    Comment Text:

    i0-001
    COMMENT
    CL-07441
    From:
    Sent:
    To:
    Cc:
    Subject:
    Max Idzik
    Sunday, March 14, 2010 6:57 AM
    secretary
    [email protected]
    Regulation of Retail Forex
    RIN 3038-AC61
    Dear Sir/Madam,
    The most important consequence is going to be lack of liquidity resulting in much higher volatility of prices. That is not going
    to work in favor of market stability.
    The proposed regulation is also bound to give a false sense of security in financial markets, resulting in higher number of
    defaults.
    Max Idzik
    Capital Markets' Trader
    MI Financial - Proprietary Trading
    FX, Bonds, Commodities, Equities - Trading & Investments
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