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Comment for Proposed Rule 75 FR 3281

  • From: Dallas Hetaraka
    Organization(s):
    Powerpath GDI Portal

    Comment No: 2558
    Date: 1/22/2010

    Comment Text:

    i0-001
    COMMENT
    CL-02558
    From:
    Sent:
    To:
    Subject:
    Lavinia Hetaraka
    Friday, January 22, 2010 9:44 AM
    secretary
    Please explain.
    What is this.
    As many of you are aware, the U.S. Commodity Futures Trading Commission
    (CFTC) announced on January 13, 2010 that it is seekingpubfic comment on
    proposed regulations concerning retail Forex trading.
    As part of the proposed regulations, it is stated." "leverage in retail forex
    customer accounts wouM be subject to a l O-to-1 fimitation, "which means 10:1
    leverage wouM be the maximum amount allowed for all Forex traders in the U.S.
    Why is this happening?
    Aren't you supposed to be there to provide a safe environment to trade in
    not kick us out of the game!!
    Best Regards,
    Dallas Hetaraka
    Powerpath GDI Portal, Forum & MMF Admin