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Comment for Proposed Rule 75 FR 3281

  • From: Calico
    Organization(s):

    Comment No: 2093
    Date: 1/21/2010

    Comment Text:

    i0-001
    COMMENT
    CL-02093
    From:
    Sent:
    To:
    Subject:
    Capt'n Calico
    Thursday, January 21, 2010 6:45 PM
    secretary
    Regulation of Retail Forex
    CFTC
    (RIN 3038-AC61) :
    I respectfully ask that the provision to regulate the maximum leverage be removed from your your
    current proposal. Mandating a 10:1 maximum leverage will only force traders like myself to move out
    of the country as trading is my lively hood, and this provision would severely cripple my ability to earn
    a living. The wonderful thing about Forex is that it can be done from anywhere in the world which
    means I am NOT anchored to live within the US.
    Please remove this provision!
    Regards,
    Capt'n Calico