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Comment for Proposed Rule 75 FR 3281

  • From: Kendra Macalpine
    Organization(s):

    Comment No: 2241
    Date: 1/21/2010

    Comment Text:

    i0-001
    COMMENT
    CL-02241
    From:
    Sent:
    To:
    Subject:
    [email protected]
    Thursday, January 21, 2010 8:41 PM
    secretary
    Regulation of Retail Forex
    Dear Secretary
    Please don't support the regulation for Retail forex any further than 100:1 leverage
    or to the proposed 10:1 leverage.
    This would not regulate, but would kill the Forex market for individual investors, businesses and banks.
    Money would go over seas instead of into the US where the 100:1 regulation still exists for Forex.
    I don't think this is what is intended in the new regulation reform, so thank you for considering this carefully.
    Kendra Macalpine I