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Comment for Proposed Rule 75 FR 3281

  • From: Alfibio Perissinotto
    Organization(s):

    Comment No: 1772
    Date: 1/21/2010

    Comment Text:

    i0-001
    COMMENT
    CL-01772
    From:
    Sent:
    To:
    Subject:
    alfibio
    Thursday, January 21, 2010 11:40 AM
    secretary
    "Regulation of Retail Forex"
    Mr. Secretary,
    Your current proposed changes that would radically lower FOREX leverage from 100:1 to 10:1 for all
    the NFA and CFTC regulated FOREX firms, although well intended, will certainly accomplish one
    thing:
    ELIMINATE THE SMALL CONSUMER FROM THE BIGGEST AND BEST AVAILABLE
    INVESTMENT ON THIS GLOBE!
    BY LIMITING FOREX ACCESSIBILITY TO "BIG BUSINESS" AND PEOPLE WITH LARGE
    POCKETBOOKS, YOU
    WILL, ONCE AGAIN, RECREATE A MONOPOLY FOR THE AFFLUENT AND SMALL
    CONSUMER BE DAMN!
    Mr. Secretary, please reconsider the proposed Forex changes and leave the current Forex leverage at
    100:1 level. Thank you.
    Respectfully,
    Alfibio Perissinotto
    16908 W Links Drive
    Surprise, AZ 85387-7500
    MB Trading Client
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