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Comment for Proposed Rule 75 FR 3281

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  • From: David
    Organization(s):

    Comment No: 1930
    Date: 1/21/2010

    Comment Text:

    io-ooi
    COMMENT
    CL-01930
    From:
    Sent:
    To:
    Subject:
    David
    Thursday, January 21, 2010 3:19 PM
    secretary
    Regulation of Retail Forex
    The passage of the proposed new leverage rules would be unfortunate. There are many successful short
    term forex traders who use greater than l10 leverage. Additionally, as I'm sure you have already heard
    from every US broker, passing these new rules would mean the loss of US business and jobs to overseas
    brokers. In short: the rules are a bad idea, please stop over-regulating the US forex market.
    Regards,
    David