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Comment for Proposed Rule 75 FR 3281

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  • From: Greg Waitt
    Organization(s):

    Comment No: 1826
    Date: 1/21/2010

    Comment Text:

    i0-001
    COMMENT
    CL-01826
    From:
    Sent:
    To:
    Subject:
    Greg Waitt
    Thursday, January 21, 2010 1:00 PM
    secretary
    Regulation of Retail Forex
    Please do not take away my forex leverage. Lowering the leverage to 1:10 will not help me or my
    family. I do not want to deposit all of my cash with my broker. Leverage allows me to keep my money
    safe at a local bank. I want to keep as little money on hand at the broker as possible. Please raise the
    maximum amount of leverage to 1:200. There are many other ways to get accounts that support this
    leverage. Please do not punish the small trader.
    Thanks,
    Greg Waitt