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Comment for Proposed Rule 75 FR 3281

  • From: Jason Chestnut
    Organization(s):

    Comment No: 4992
    Date: 2/4/2010

    Comment Text:

    i0-001
    COMMENT
    CL-04992
    From:
    Sent:
    To:
    Subject:
    Jason Chestnut
    Thursday, February 4, 2010 1:49 PM
    secretary
    "leverage in retail forex customer accounts would be subject to a 10-to-1
    limitation,"
    In todays economy, there are fewer and fewer investments a blue collar worker can afford to get
    involved in that are worth the time. By limiting the leverage availed to the common speculator in Forex
    to 10:1, you are in fact limiting the opportunities available to those not so fortunate to be able to afford
    large amounts of capitol. This limitation doesn't seem to help anyone, to include the brokers, because
    they will undoubtedly have less business. It will only serve as another way to keep the haves and have-
    nots in there own separate classes.
    I for one am against "classism" in this country
    Sincerely,
    Jason Chestnut
    Aspiring Forex Speculator