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Comment for Proposed Rule 75 FR 3281

  • From: David Rush
    Organization(s):

    Comment No: 1708
    Date: 1/21/2010

    Comment Text:

    io-ooi
    COMMENT
    CL-01708
    From:
    Sent:
    To:
    Subject:
    dmsh
    Thursday, January 21, 2010 10:37 AM
    secretary
    Proposed Currency Leverage Changes
    Dear Secretary.,
    As an active Forex trader, I urge you to back off the proposed leverage level of 10-to- 1, as it will cripple the ability, of the US
    retail forex traders to provide the liquidity needed to keep the currency markets liquid and healthy.
    Although governmental oversight is a good thing, onerous intervention by govemmem, which distorts and crimps the free
    market, is a bad thing.
    Thank you for your consideration.
    David Rush