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Comment for Proposed Rule 75 FR 3281

  • From: Kaz Gwozdz
    Organization(s):

    Comment No: 488
    Date: 1/19/2010

    Comment Text:

    i0-001
    COMMENT
    CL-00488
    From:
    Sent:
    To:
    Subject:
    Kaz Gwozdz
    Tuesday, January 19, 2010 11:09 AM
    secretary
    Regulation of Retail Forex (R1N 3038-AC61)
    RIN 3038-AC61 - Comment on proposed regulation of retail forex
    Dear Sir/Madam,
    I strongly o~3~ose the proposed new 10:1 margin limit for retail forex. I think 50:1 limit for major currency pairs
    would be much more reasonable.
    Should you enact such a restrictive rule as proposed, I'll move my business to a foreign-based broker.
    Sincerely,
    Kaz Gwozdz, General Partner
    Rockall Capital LP
    3116 Joanne Circle
    Pleasanton, CA 94588