Comment for Proposed Rule 75 FR 3281
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From:
Burgess D Grubbs
Organization(s):
Comment No:
1302
Date:
1/20/2010
Comment Text:
i0-001
COMMENT
CL-01302
From:
Sent:
To:
Subject:
B. David Grubbs
Wednesday, January 20, 2010 10:25 PM
secretary < secretary@ C FTC. g ov >
Proposed changes in Forex trading by the CFTC
Greetings from Georgia,
I would hope the proposed change in Forex trading, particularly concerning
reducing the leverage in retail Forex trading to a 10:1 level, if it becomes as
apparently proposed, would ruin -- I repeat,
ruin
-- retail Forex trading in
America. This may have been an idea by a well-intentioned individual, but it is not
only ill-advised, it would be most disastrous for my business and for most other
U.S. Forextraders. Please let this bad idea vanish from your proposals!
Respectfully,
Burgess David Grubbs
Forex retail trader
Acworth, Georgia
