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Comment for Proposed Rule 75 FR 3281

  • From: Joseph Wayda
    Organization(s):

    Comment No: 5054
    Date: 2/5/2010

    Comment Text:

    i0-001
    COMMENT
    CL-05054
    From:
    Sent:
    To:
    Subject:
    Joseph Wayda
    Friday, February 5, 2010 12:31 PM
    secretary < [email protected]>
    Regulation of Retail Forex
    I believe changing the leverage amount down to 10 to 1 will not provide your intended outcome of
    less market volatility, it will most likely reduce liquidity and possibly increase volatility. I believe
    20-50 times leverage would be a more acceptable number for all involved parties.
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