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Comment for Proposed Rule 75 FR 3281

  • From: Kenley Lamaute
    Organization(s):

    Comment No: 1804
    Date: 1/21/2010

    Comment Text:

    i0-001
    COMMENT
    CL-01804
    From:
    Sent:
    To:
    Subject:
    [email protected]
    Thursday, January 21, 2010 12:20 PM
    secretary
    Regulation of Retail Forex
    Re garding RIN 3038-AC61, "leverage in retail forex customer accounts would
    be subject to a 10-to- 1 limitation".
    Traders should be able to choose the amount of leverage they want in their
    retail forex account. Restricting freedom of choice is unAmerican.
    Recent regulations such as this (including NFA regulations), are destroying
    the retail currency market in the United States. Who benefits?
    -Kenley Lamaute