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Comment for Proposed Rule 75 FR 3281

  • From: Philip M Augustine
    Organization(s):

    Comment No: 2214
    Date: 1/21/2010

    Comment Text:

    i0-001
    COMMENT
    CL-02214
    From:
    Sent:
    To:
    Subject:
    Philip Augustine
    Thursday, January 21, 2010 8:18 PM
    secretary
    Regulation of Retail FOREX
    Mr. Secretary,
    I am an educated FOREX trader. I as do many of my fellow traders believe that it is our right to
    choose the amount of leverage in our investment accounts. We and we alone have the right to choose
    how our money is invested. If it is your decision to change the current regulations. Your office should
    also take our money out of our bank accounts and tell us how it should be spent. Kindly keep the current
    spirit of the retail FOREX investor
    alive. All citizens of the United States are given the right of free choice under the Constitution. R1N
    3038-AC61 is not good for the US retail forex market. It would just allow foreign brokers to scam more
    from Americans. Simply for the reason that we have no where else to turn to make our income.
    Sincerely,
    Philip M Augustine