Comment for Proposed Rule 75 FR 3281
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From:
Artee
Organization(s):
Comment No:
1702
Date:
1/21/2010
Comment Text:
i0-001
COMMENT
CL-01702
From:
Sent:
To:
Subject:
Roland Tan
Thursday, January 21, 2010 10:32 AM
secretary
Regulation of Retail Forex
Dear Sir / Madam,
It has come to our attention that the CFTC is trying to limit the max leverage to 10:1 - RIN 3038-
AC61.
We see no reason for the adjustment after limiting it to 100:1 recently. The NFA restrict hedging
and enforced FIFO, and now this.
Obviously, there is a hidden agenda. It is discriminating and uncharacteristic of what the USA
stands for.
It is definitely objectionable and should not be tolerated.
Your effort to block this attempt is appreciated.
Thank you
Artee
