Comment for Proposed Rule 75 FR 3281
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From:
Thomas K Thompson
Organization(s):
Comment No:
1287
Date:
1/20/2010
Comment Text:
i0-001
COMMENT
CL-01287
From:
Sent:
To:
Subject:
Tom Thompson
Wednesday, January 20, 2010 10:18 PM
secretary
'Regulation of Retail Forex'
With regard to the proposed regulation contained in RIN 3038-AC61 stating, "leverage in retail forex
customer accounts would be subject to a 10-to-1 limitation," I would like to emphatically state this
is an unacceptable and unfair regulation against the retail trader. This clause MUST be removed from
this regulation to maintain the freedom and rights of each and every individual who chooses to trade the
Forex market. Allowing this clause to become a law would be a terrible injustice that only benefits large
corporations and strikes another blow to private individuals with small accounts.
Respectfully,
Thomas K. Thompson
Individual Retail Forex Trader