Comment for Proposed Rule 75 FR 3281
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From:
Jon McClaren
Organization(s):
Comment No:
2226
Date:
1/21/2010
Comment Text:
i0-001
CONMENT
CL-02226
From:
Sent:
To:
Subject:
Jon McClaren <[email protected]>
Thursday, January 21, 2010 8:31 PM
secretary
Regulation of retail forex
I support improved regulation in the retail forex market, particularly increased
capital requirements for forex firms. [2But I am writing today to voice my strong
opposition to imposing any kind of limitation on forex leverage. [2Leverage is what
makes forex an interesting market, and decreasing leverage to 10 to 1 would be a
great disservice to both customer and firm, is unnecessary, and will be
counterproductive.
Jon McClaren, D.C.
11927 SE Morrison st.
Portland OR 97216
--
Sent from my Palm Pre
"A friend may well be reckoned the masterpiece of nature." [2- Ralph Waldo Emerson
