Comment for Proposed Rule 75 FR 3281
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From:
Clifford Pages
Organization(s):
Trade Pages LLC
Comment No:
2100
Date:
1/21/2010
Comment Text:
i0-001
COMMENT
CL-02100
From:
Sent:
To:
Subject:
CLIFFORD PAGES
Thursday, January 21, 2010 7:02 PM
secreta ry < secretary@ C FTC. g ov >
Do Not Institute This New Ruling
To radically lower Forex leverage from 100:1 to 10:1 for all NFA and
CFTC reqtllated Forex firms.
Clearly, this is the worst proposed change conceived in the
history of notion regulations!
Let the people make the choice to have: 200, 100, 50 or whatever.
Safeguards is one thing - to ruin an industry and take away a trader's
ability to trade is another.
Doesn't the FEE) realize the more I make the more I pay in tax! The
SEC is now gone too far - a huge mistake.
Safeguard in other ways not in the noted proposed way - it is absolutely
ridiculous to even think it.
Clifford Pages, PhE)
President,
Trade Pages, LLC
