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Comment for Proposed Rule 75 FR 3281

  • From: George Jenkins
    Organization(s):

    Comment No: 3565
    Date: 1/24/2010

    Comment Text:

    i0-001
    COMMENT
    CL-03565
    From:
    Sent:
    To:
    Subject:
    George Jenkins
    Sunday, January 24, 2010 4:36 PM
    secretary
    Regulation of Retail Forex
    David Stawick,
    Secretary, Commodity Futures Trading Commission,
    1155 21 st Street, NW,
    Washington, DC 20581
    Ref: RIN 3038-AC61
    Dear Mr. Stawick,
    I strongly urge you to reconsider changing the leverage from 100-1 to 10-1 for US Foreign Exchange
    brokers. It will only further hurt our staggering economy by causing all US retail traders to flee
    to overseas brokerages to conduct their business, myself included. I have a very small trading account
    and this would force me to close up shop or move my account overseas. Please don't do this.
    Thank you for not changing the leverage of 100-1 to trade on the Foreign Exchange.
    Respectfully,
    George Jenkins
    George Jenkins
    859 559 4744
    Cell 606 315 0303
    gdbj 52@gmail. corn