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Comment for Proposed Rule 75 FR 3281

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  • From: Robert Jackson
    Organization(s):

    Comment No: 1724
    Date: 1/21/2010

    Comment Text:

    i0-001
    COMMENT
    CL-01724
    From:
    Sent:
    To:
    Subject:
    Robert Jackson
    Thursday, January 21, 2010 11:02 AM
    secretary < secretary@ C FTC. g ov >
    Regulation of Retail Forex'
    RIN 3038-AC61
    To Whom It May Concern,
    As a retail forex trader I want to register my strong objection to the proposed leverage limits on
    retail forex traders - without the existing leverage, retail forex would effectively cease in the US,
    and these accounts would move offshore. There is no legitimate purpose to the proposed leverage
    limits other than to restrict traders ability to trade, and said limits would effectively price a
    substantial portion of small traders out of the market.
    Robert Jackson
    ph: 505/266-1504
    cell: 505/480-5484