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Comment for Proposed Rule 75 FR 3281

  • From: Gerald Deer
    Organization(s):

    Comment No: 1897
    Date: 1/21/2010

    Comment Text:

    i0-001
    COMMENT
    CL-01897
    From:
    Sent:
    To:
    Subject:
    Gerald Deer
    Thursday, January 21, 2010 2:43 PM
    secretary
    Regulation of Retail Forex
    I'm strongly against the new regulation asking brokerage firms to lower the leverage from 100:1 to 10:1.
    That would make it much harder to manage an account and would also cause a change in trading
    strategy which required years to create.
    There's nothing wrong with the current leverage amounts, Do not change what isn't causing a problem.
    Warm Regards,
    Gerald Deer