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Comment for Proposed Rule 75 FR 3281

  • From: Kevin Doherty
    Organization(s):

    Comment No: 2493
    Date: 1/22/2010

    Comment Text:

    i0-001
    COMMENT
    CL-02493
    From:
    Sent:
    To:
    Subject:
    kev
    Friday, January 22, 2010 7:56 AM
    secretary
    Regulation of Retail Forex
    Hello there,
    Just letting you know that regarding Regulation of Retail Forex id:RIN 3038-AC61,
    This will cause more serious problems for the trader than it will cure. This is NOT looking after the trader. It is the
    exact opposite. Traders should have the right to determine how much leverage the want to use.
    Curbing the amount of leverage will mean traders will need far larger starting accounts, & as I am SURE you
    know, 95% or more,of traders will lose this account.
    Regards
    K.Doherty