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Comment for Proposed Rule 75 FR 3281

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  • From: Paul Toell
    Organization(s):

    Comment No: 1390
    Date: 1/20/2010

    Comment Text:

    i0-001
    COMMENT
    CL-01390
    From:
    Sent:
    To:
    Subject:
    Paul Toell
    Wednesday, January 20, 2010 11:54 PM
    secretary
    Regulation of Retail Forex
    RIN 3038-AC61
    Keep leverage at about 100 to 1.
    10-1 leverage is as bad as 400-1. $ucessful traders know
    to not over-leverage. Newbies should be informed and trained in money/risk mgmt. techniques.
    Too much regulation makes us feel like we live in nazi germany or sadam iraq. America is about
    freedom and choices.., remember?