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Comment for Proposed Rule 75 FR 3281

  • 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