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Comment for Proposed Rule 75 FR 3281

  • From: Winston Sam
    Organization(s):

    Comment No: 1417
    Date: 1/21/2010

    Comment Text:

    i0-001
    COMMENT
    CL-01417
    From:
    Sent:
    To:
    Subject:
    Winston Sam
    Thursday, January 21, 2010 12:31 AM
    secretary

    Regulation of Retail Forex
    Dear Mr David Stawick:
    I learned about this RIN 3038-AC61 proposal and I believe that as a
    trader, I have the right to choose if I want to keep the existing
    leverages that already exist in the forex market. To have 10 to 1
    leverage will turn a lot of traders away from forex. Is this the goal
    that the CFTC is striving for?
    Please leave the existing leverage alone and keep traders happy, as
    they are the force that keeps things moving.
    Sincerely,
    Winston Sam