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Comment for Proposed Rule 75 FR 3281

  • From: Larry Van Slyke
    Organization(s):

    Comment No: 7550
    Date: 3/14/2010

    Comment Text:

    i0-001
    COMMENT
    CL-07550
    From:
    Sent:
    To:
    Subject:
    Larry Van Slyke
    Sunday, March 14, 2010 11:57 PM
    secretary
    [email protected]
    Regulation of Retail Forex
    To whom it may concern:
    RE: RIN 3038-AC61
    It is my belief that the proposal to change the leverage in retail forex customer accounts to a 10-to-1 limitation
    would be detrimental to many individuals trading in the Forex market.
    Please reconsider this position and leave the leverage position at 100-to-1 as it is now.
    Thank you for your consideration on this matter.
    Larry Van Slyke