Comment for Proposed Rule 75 FR 3281
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From:
Daniel Kipp
Organization(s):
Comment No:
1209
Date:
1/20/2010
Comment Text:
i0-001
COMMENT
CL-01209
From:
Sent:
To:
Subject:
daniel@kippstudios, com
Wednesday,
January 20, 2010 9:41 PM
secretary
Regulation of Retail Forex -No, thank you
Regarding the regulation of the Retail forex market being discussed(RIN
3038-AC61 ?), I would like to say that you should leave the leverage as it
is. If you change it, you will force many of the players out. As to the
worry about the customers being left with a negative balance, I can
guarantee you that the brokers will "cover their assets" and take you out
of the game before that, so you won't have to worry about a negative
balance.
Thank you for your time on this matter,
Daniel Kipp
7140 Ashburn Street
Houston, Texas 77061
