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Comment for Proposed Rule 75 FR 3281

  • From: Scott
    Organization(s):

    Comment No: 409
    Date: 1/19/2010

    Comment Text:

    i0-001
    COMMENT
    CL-00409
    From:
    Sent:
    To:
    Subject:
    Scott
    Tuesday, January 19, 2010 9:44 AM
    secretary
    Regulation of Retail Forex
    Regarding the identification number: RIN 3038-AC61
    I am against regutating the Forex margins too much for retait customers tike me. This isn't what caused the
    banking mettdown. Dearer/brokers won't arrow us to trade if we don't have enough in our account anyway.
    There are atready safeguards in ptace that prevent us from tosing more than what we have in our account.
    I believe that a[[ traders should
    have
    the right to choose the amount of leverage that is appropriate for his/her
    risk appetite.
    Thank you,
    Scott