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Comment for Proposed Rule 75 FR 3281

  • From: Jesse Kegg
    Organization(s):

    Comment No: 2634
    Date: 1/22/2010

    Comment Text:

    i0-001
    COMMENT
    CL-02634
    From:
    Sent:
    To:
    Subject:
    Jesse Kegg
    Friday, January 22, 2010 11:07 AM
    secretary
    forex
    As many of you are aware, the U.S. Commodity Futures Trading Commission (CFTC) announced on January 13, 2010 that it is
    seeking public comment on proposed regulations concerning retail Forex trading. As part of the proposed regulations, it is
    stated." "leverage in retail forex customer accounts would be subject to a 104o-1 limitation," which means 10.'1 leverage would
    be the maximum amount allowed for all Forex traders in the U.S.
    That is quite unfair to those of us who don't have that kind of money, yet are trying to earn money trading. Please don't change
    the leverage to 10:1. Then only the big boys can play. I thought america was a land of opportunity. It seems more and money
    it's a land of opportuniVy onbr if you have the $$$.
    Regards,
    Jesse