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Comment for Proposed Rule 75 FR 3281

  • From: Dave McGhee
    Organization(s):

    Comment No: 4086
    Date: 1/26/2010

    Comment Text:

    i0-001
    COMMENT
    CL-04086
    From:
    Sent:
    To:
    Subject:
    Dave McGhee
    Tuesday, January 26, 2010 2:47 PM
    secretary
    Leverage in Forex retail accounts
    Dear Sirs,
    I don't see how you are helping the little guy like me with this new proposed regulation. It can only do
    two things as I see it, help the big traders by eliminating small traders ( but not really as they need as
    many traders involved to help large volume moves) or send traders to foreign shores where the risk of
    dealing with reliable companies is jeopardized. It looks like big government has it's heavy hand
    involved again without any imput from the small traders or thought.
    To many of us, this is a great way to earn extra income. The alternative, ask the government for a
    hand-out? Why would you do this if the trading houses don't mind the ratio as it is now???
    Sincerely,
    Dave