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Comment for Proposed Rule 75 FR 3281

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  • From: Dominick DiPietrantonio
    Organization(s):

    Comment No: 2192
    Date: 1/21/2010

    Comment Text:

    i0-001
    COMMENT
    CL-02192
    From:
    Sent:
    To:
    Subject:
    ftoomsh 1 @optonline.net
    Thursday, January 21, 2010 8:03 PM
    secretary
    Regulation of Retail Forex
    Dear Mr. Secretary
    I understand what leverage is. I realize there are people who will torpedo their life savings on a whim.
    There have always been and there will always be such people. You cannot protect them as they will find
    other means to destroy themselves. We need protection from unscrupulous brokers not from
    ourselves. Should you lower the leverage to 10-1, I will have to move my money offshore. I really
    would rather not. Please do the right thing here.
    Thank you
    Dominick DiPietrantonio