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Comment for Proposed Rule 75 FR 3281

  • From: Scott Puhn
    Organization(s):

    Comment No: 256
    Date: 1/17/2010

    Comment Text:

    i0-001
    COMMENT
    CL-00256
    From:
    Sent:
    To:
    Subject:
    Scott Puhn
    Sunday, January 17, 2010 3:50 PM
    secretary
    Regulation of Retail Forex
    The proposed rule limiting leverage to 10:1 will simply force me to move my money out of the USA to a foreign
    broker. How many jobs will be lost due to this rule? The rule of unintended consequences will hit very hard with
    this one. When you get done regulating this industry to death and it no longer exists in the US then we wont need
    you any more either.
    Scott Puhn