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Comment for Proposed Rule 75 FR 3281

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  • From: Peter Anastasiadis
    Organization(s):

    Comment No: 2739
    Date: 1/22/2010

    Comment Text:

    i0-001
    COMMENT
    CL-02739
    From:
    Sent:
    To:
    Subject:
    Peter Anastasiadis
    Friday, January 22, 2010 2:13 PM
    secretary
    Regulation of Retail Forex
    Dear CFTC:
    Regarding the Regulation of Retail Forex, RIN 3038-AC61, I strongly believe that regulation is needed including the 10:1
    leverage change AND all stops and limit orders should be invisible to the dealing bank. Otherwise they will continue to "run
    the stops." It is definitely not a level playing field and this market should be HIGHLY regulated as well put on an exchange, if
    that is possible. All orders should be sent to the dealing bank as a market order from a centralized exchange that is
    accessible to no one.
    Regards,
    Peter Anastasiadis
    253 Caleb Drive
    West Chester, PA 19382
    302-5478-9077