Comment for Proposed Rule 75 FR 3281
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From:
David Rush
Organization(s):
Comment No:
1708
Date:
1/21/2010
Comment Text:
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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