Comment for Proposed Rule 75 FR 3281
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From:
Brent Adams
Organization(s):
Comment No:
1316
Date:
1/20/2010
Comment Text:
i0-001
COMMENT
CL-01316
From:
Sent:
To:
Subject:
Brent Adams < brentadams_@ hotmail.com >
Wednesday, January 20, 2010 10:38 PM
secretary < secretary@ C FTC. g ov >
Regulation of Retail Forex
RIN 3038-AC61
Please leave the current 100:1 ratio for margin.
Please don't treat us like babies. You've already made many changes, that have
boosted the forex
companies of other countries that don't have to follow these silly rules. The new 10:1
ratio would essentially
kill forex in the United States. Many jobs would be lost. The only result is that we would
all open up forex accounts overseas. Already many have done this because of last years
changes. Those changes weredissapointing, but acceptable. The margin change is
unacceptable!
Thank You,
Brent Adams
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