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Comment for Proposed Rule 75 FR 3281

  • From: Mark Matzeldelaflor
    Organization(s):

    Comment No: 2745
    Date: 1/22/2010

    Comment Text:

    i0-001
    COMMENT
    CL-02745
    From:
    Sent:
    To:
    Subject:
    [email protected]
    Friday, January 22, 2010 2:24 PM
    secretary
    Public Comment Form
    Below is the result of your feedback form. It was submitted by
    ([email protected]) on Friday, January 22, 2010 at 14:23:39
    commenter_subject: Release: 5772-10
    commenter_frdate: January 13, 2010
    commenter_frpage:
    http://www.cftc, gov/
    commenter_comments: Limiting leverage to 10:1 in retail forex is
    unnecessary and will hurt many small retail
    traders, Traders are responsible for their own
    trades and outcomes. There is always an inherent
    risk of loss no matter what the leverage
    requirement is, this regulation will only serve to
    cripple small traders and increase fraud by way of
    people seeking alternative means to get around this
    regulation. This proposed regulation does not
    protect the consumer.
    commenter name: Mark Matzeldelaflor
    commenter withhold address on: ON
    commenter addressl: 1237 23rd St
    commenter_city: San Diego
    commenter state: CA
    commenter_zip: 92102
    commenter~hone: 8583444001