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Comment for Proposed Rule 75 FR 3281

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  • From: Claude Piolet
    Organization(s):

    Comment No: 1492
    Date: 1/21/2010

    Comment Text:

    i0-001
    COMMENT
    CL-01492
    From:
    Sent:
    To:
    Subject:
    Claude PIOLET
    Thursday, January 21, 2010 2:23 AM
    secretary
    Hello,
    After having read an email concerning your intention to change the leverage max to 1:10 instead of 1:100 i send this
    to the secretary:
    there will be no use to trade currencies in the USA if you do this regulation!
    why?
    this marked is so difficult to trade because of the volatility that there is no possibility to make business on a 1:10
    basis.
    After 3 years working with the USA that will be an end.
    Best regards
    Claude Piolet
    European not living in the USA
    Regulation of Retail Forex' identification number RIN 3038-AC61