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Comment for Proposed Rule 75 FR 3281

  • From: Ignatius
    Organization(s):

    Comment No: 1728
    Date: 1/21/2010

    Comment Text:

    i0-001
    COMMENT
    CL-01728
    From:
    Sent:
    To:
    Subject:
    Law
    Thursday, January 21, 2010 11:07 AM
    secretary
    'Regulation of Retail Forex'
    RIN 3038-AC61
    I must say that by decreasing the leverage, small players will be driven out of the market. The
    impact is great, when most of the retail investors are gone, the world of forex will never be the
    same again. There will be wide fluctuations in the exchange rates due to lack of liquidity.
    This is something which you need to consider carefully! You do not want to cause such a big
    impact just when the economy is showing signs of recovering.
    Regards
    Ignatius
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