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Comment for Proposed Rule 75 FR 3281

  • From: John Stines
    Organization(s):

    Comment No: 2204
    Date: 1/21/2010

    Comment Text:

    i0-001
    COMMENT
    CL-02204
    From:
    Sent:
    To:
    Subject:
    John
    Thursday, January 21, 2010 8:10 PM
    secretary
    Regulation of Retail Forex
    Regarding:
    RIN 3038-AC61
    As a retail customer of forex, I am opposed to any changes in leverage amounts to my account. Part of
    the useful nature of Forex is that one does not have to be wealthy to assume a controlled, and personal,
    amount of risk. Changing leverage amounts by a factor of 10x would render the market impossible to
    access for most average investors. Is this what the government should be doing? Or should it be
    regulating the most massive of banks and institutions that do not include small, private investors in their
    business.
    Thanks,
    John Stines